Frequently asked questions relating to Woodborough Lease Extensions

  • My OH and I have just acquired a maisonette based inWoodborough and I'm considering extending the lease as soon as practicable e.g. after two years
  • Hi. I need a to have a look at my lease extension before it's completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • 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?
  • The intention is to sell our one bedroom first floor purpose built flat in Woodborough but we may require a lease extension, or at least cover the costs of our purchaser. Can you recommend someone to help us?
  • My apartment in Woodborough is up for sale and I have a hopefully firm offer. There is eighty one years unexpired on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,thirty years
  • We are looking to extend our lease having owned the place for 2 years as of 6th May 2015. It has circa 79 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
  • Me and my wife had entered into buying a studio flat in Woodborough. I was advised by the EA that the lease extension had already been completed while on a viewing (63 years outstanding prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The homeowner apparently has a quote but no finances to extend as a result the vendor wishes to exchange and use the 10% deposit for the lease extension. My question is why has this only just been brought to my attention by my ?
  • My husband has a share of freehold, with two other leaseholders in a building in Woodborough. House converted into three apartments. He has a lease, which has about 59 yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Woodborough. I live in the top flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is seventy one years left on the lease. Can one do a lease extension without instructing a ?
  • I am currently in the process of refinancing my three bedroom second floor purpose built flat in Woodborough and the bank that I am looking to switch to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. We currently have around 55 years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension
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