Wooburn Green Lease Extensions Example Support Desk Enquiries

  • 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 the owner of a maisonnette together with the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • The terms for the lease on my apartment in Wooburn Green are 101 years from 14 Dec 1990. Please give me a quote to extend the lease if I give you more specifics please?
  • I'm looking for a flat to purchase in Wooburn Green and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 82 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with the mortgage?
  • I am planning to extend the lease on my studio flat in Wooburn Green I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 56 years. What are my next steps?
  • Just been over 2 years that I have been in my maisonette in Wooburn Green. I have sixety three yrs outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I have 54 years remaining on my lease of a ground floor flat in Wooburn Green, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Wooburn Green
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    Lease Extensions in Wooburn Green

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