Top Ten Questions relating to Wombourne Lease Extensions

  • I’m about to offer on a a property to buy in the Wombourne area and was enquiring how much would it cost for a lease extension? It has sixety two years unexpired...
  • I am looking for a in Wombourne and they should be on the TSB approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Wombourne, and my lease will reach 69 years this March. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I am looking to buy a one bed flat in Wombourne for asking price of 145k, which has 78 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own a purpose-built flat located in a large development in Wombourne. The leasehold interest in the flat on a ninety five year lease which commenced on 1 March 1969 with a non-reviewable yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • We would like to know the cost of a lease extension valuation for a property based in Wombourne. Would you be able to help?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Wombourne for a three bed flat - section 42 having been issued?
  • My and my fiance are concerned about seeking a lease extension from tricky freeholder. Even though the legal procedures were followed under the 1993 Act, the freeholder still tried to charge ground rent of £250 doubling every twenty years of the new lease. Can you assist?
  • We know that others in the same building previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
  • I am planning on refinancing my garden flat in Wombourne and the bank that I am looking to move to requires a minimum 85 years remaining on the lease in order for them to progress matters. I have found that I currently have around sixety seven years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wombourne