Common questions relating to Woodbury Lease Extensions

  • We agreed with the freeholder to a lease extension on our flat based in Woodbury, 16.5k for another 90yrs. How long will it take ?
  • I am looking to purchase a one bedroom apartment in Woodbury with a lease of 72 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I have been in touch with my freeholder to extend my lease for my flat in Woodbury. Her has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started April 1994.
  • The terms for the lease on my apartment in Woodbury are 99 years from 12 Jan 1990. Can you supply me me a quote for a lease extension if I give you more details please?
  • I am concerned that my niece is being hoodwinked. She put in an offer on a studio flat in Woodbury, where the lease is circa 68 years but she was informed by the selling agents that the homeowner had extended it to 125 years. Only now has she been advised the flat owner was holding off for her to instruct lawyers prior to commencing with the lease extension. Seems unscrupulous, also it could take time to sort it all out. What do you think?
  • I am thinking about bidding for an auction property and identified a studio flat in Woodbury. It has just fifty year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of getting a mortgage with Leeds Building Society?
  • If a leaseholder 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 extending the lease?
  • I have a freehold of a three bedroom flat in Woodbury. The leaseholders have sixety eight years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • I require an estimate to extend my mum’s lease on a studio flat in Woodbury. She recently got a price from the landlord for a lease extension but I am far from certain if it is reasonable.
  • Do you handle lease extensions on land? (a plot of land in Woodbury with 82yrs remaining)

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