FAQs concerning Woodborough Lease Extensions

  • I'm wanting to make an offer on a house in Woodborough but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect The Mortgage Works giving us the mortgage now?
  • I bought a garden flat in Woodborough. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I'm looking for an apartment to purchase in Woodborough and I'm not really familiar with the leasehold tenure. I've identified a maisonette I like with a 82 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • Me and my OH are considering buying a ground floor flat in Woodborough which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Woodborough. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the garden area.
  • I'm looking at buying a flat in Woodborough at a price of £256,000 the flat has something like 62 years remaining on the lease. My offer was conditional upon the lease being extended... .. that was back in June, expecting I'd be in before now. The owner has just come back saying they'll reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • Me and my sister are hoping to buy a property (a one bedroom apartment located inWoodborough with share of freehold). Throughout our search, we were always looking at properties that had a minimum 84 years outstanding. We found a apartment we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. This morning our informed us the lease only has 56 years and therefore requires a lease extension. Do we walk away, or do we negotiate our offer?
  • I'm hoping for some help concerning a lease extension on my flat. I'll be looking to do this next winter as we have to move 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. Can you recommend a good with expertise in lease extensions. Ideally nearby in Woodborough?
  • My wife and I are concerned about obtaining a lease extension from a difficult landlord. Notwithstanding that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £250 doubling every twenty five years of the new term. Can you help?
  • I have a lease of seventy three years remaining on my flat in Woodborough. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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