Questions and Answers: Wombwell Lease Extensions

  • Me and my wife have just completed on a maisonette located inWombwell and I'm thinking about extending the lease as soon as practicable e.g. after a couple of years
  • My partner has an apartment located in Wombwell which we have just put on the market. The leasehold has nearon seventy four years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I have got a leasehold flat in the Wombwell area and was curious if I could obtain a lease extension. What are your processes and charges. There are seventy nine years balance left
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Wombwell - I wanted to see if with your services it is possible for this to be extended?
  • I invested in buying a maisonette located in Wombwell with a leasehold unexpired of 71 years. I am wondering about what I will need to spend to extend my lease
  • I am going to purchase a flat in Wombwell. My offer is subject to the lease extension. The flat owner’s has given to the freeholder the Section 42 Notice. 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 Platform Home Loans Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Wombwell, and would like some figures on that.
  • I am currently in the process of remortgaging my one bedroom second floor purpose built flat in Wombwell and the mortgage company that I am looking to switch 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 six years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Wombwell as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bedroom first floor purpose built flat in Wombwell

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