Wolvey Lease Extensions

Common questions relating to Wolvey Lease Extensions

We are thinking about a lease extension for our apartment in Wolvey and we don't fully understand the letter that we received from our freehold company. What's your legal fee?

We agreed with the freeholder to a lease extension on our flat in Wolvey, 13k for another 90yrs. Are you willing to help us with this situation ?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I am going to purchase a flat located in Wolvey. The offer is conditional upon a lease extension. The homeowner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?

The terms for the lease on my flat in Wolvey are 101 years from 1 Dec 1990. Please supply me me a quote to extend the lease if I give you more details please?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?

I am looking to buy a one bed flat in Wolvey for asking price of 145k, which has 62 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 69 years. I need a at my end. Can you advise please? I live near Wolvey and have a mortgage with Leeds Building Society.

I own the freehold to two flats. Someone has the lease on the lower flat in Wolvey. I occupy in the top flat. I was reviewing the land registry documents last night when I noticed that my flat is leasehold. There is 55 years balance left. If I want to do a lease extension then would I simply be paying for the fees?

I have a lease of seventy six 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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