Frequently asked questions relating to Woodborough Lease Extensions

  • 35k agreed with the landlord’s agents, just attempting to find a Woodborough property lawyers for a lease extension. Our flat has nearly 67 yearsleft. How long will this take ?
  • Hello, I just randomly found your site. I'm looking for prices on what a lease extension will cost for a ground floor flat in Woodborough. It's on the market at the moment but has slightly more than sixety six years of unexpired leasehold
  • 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 £2500 to extend the lease. I plan to simultaneously remortgage with Accord Mortgages Ltd to free up equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has increased from £38.00 per year to £300 per year.
  • I have a leasehold flat in Woodborough. I have built a huge extension and have not informed the freeholder. What are my options?
  • We have a one bedroom flat in Woodborough. There is 81 years to run on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,ninety years
  • I own a share of the freehold. There are four apartments in the block. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
  • I intend to buy a one bed flat in Woodborough for asking price of 156k, which has sixety eight years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • If somebody owns a flat with a lease of under 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?
  • My wife and I are worried about obtaining a lease extension from a difficult landlord. Even though the legal procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £300 increasing by 100% every twenty five years of the new term. Can you assist?
  • We currently own a ground floor flat in Woodborough and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy seven years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Woodborough

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