Wolvey Lease Extensions: Q and A’s

  • Hello, I just randomly found this website. I'm looking for prices on what a lease extension will cost for a studio flat in Wolvey. It's on sale at the moment but has roughly 70 years of unexpired leasehold
  • I am looking for a lease extension on the lease on my garden flat in Wolvey which will have 79 years unexpired lease in January. What fees are applicable?
  • I'm wanting to make an offer on a house in Wolvey but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Santander giving us the mortgage now?
  • I am looking for a conveyancing practitioners in Wolvey and they need to be on the Bank of Scotland approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • Me and my fiance are considering buying a ground floor flat in Wolvey which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • I'm living at parents but have a maisonette in Wolvey let out which has a sixety eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Wolvey for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • I own the freehold to two flats. Someone has the lease on the lower flat in Wolvey. I live in the upper flat. I was looking at the title deeds last night when I noticed that my flat is leasehold. There is 77 years balance left. Can one carry out a lease extension without retaining a lawyers?
  • I'm looking for some advice concerning extending the lease on my flat. The plan is to do this next winter as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • Are you able to provide an estimate to extend my mum’s lease on a studio flat in Wolvey. She recently got a price from the freeholder for a lease extension but I am unclear whether it is too expensive.
  • I have a lease of seventy eight years remaining on my flat in Wolvey. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Wolvey

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