Frequently asked questions relating to Woodborough Lease Extensions

  • My name´s Ali. I’m flat hunting in Woodborough I'm seeing a one bedroom ground floor purpose built flat online, with nearly 58 years unexpired lease, how much does it cost on average to get a lease extension by, say, thirty years?
  • I am looking to purchase a studio flat in Woodborough with a lease of sixety eight years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am the owner of a maisonnette together with the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • The terms for the lease on my flat in Woodborough are 99 years from 15 Jan 1988. Can you supply me me a quote to extend the lease if I give you more specifics please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Woodborough, and would like some figures on that.
  • I am looking to either purchase the freehold or a lease extension of my property in Woodborough and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Virgin Money to free up equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease started in 1972 and since then the ground rent has increased from £38.00 per year to £100 per annum.
  • I have a flat in Woodborough with sixety years remaining on the lease. I need a lawyers to help me achieve a lease extension. Can you assist?
  • I'm intent on buying a flat in Woodborough valued at £256,000 the flat has approximately 65 years unexpired on the lease. I put in an offer conditional upon the lease being extended... .. that was back in September, hoping I'd have completed before Christmas. The seller has just informed me they'll reduce the price by£2k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • I have sixety one years remaining on my lease of a ground floor flat in Woodborough, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I'm looking for some advice with regard to a lease extension on my studio flat in Woodborough. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Woodborough

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