Woodhouse Eaves Lease Extensions: Q and A’s

  • I'm deliberating over purchasing a one bedroom apartment (leasehold) but the landlord has been missing for roughly 15yrs. My query is would it be less expensive to try to acquire the reversionary title or to extend lease and apply for RTM?
  • Is it possible to talk with you about a flat in Woodhouse Eaves, I am thinking of bidding at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I'm looking for a flat to purchase in Woodhouse Eaves and I'm not really familiar with the leasehold title. I've identified a maisonette I like with a 91 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
  • My mortgage provider is requesting a £500 fee for their to agree a lease extension for my flat in Woodhouse Eaves... I can find no reference of this in my mortgage booklet... is this a normal cost that they charge?
  • I am planning to extend the lease on my one bedroom apartment in Woodhouse Eaves I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • If somebody owns a flat with a lease of less than 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?
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Woodhouse Eaves. I occupy in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat is leasehold. There is sixety two years remaining. If I want to do a lease extension then would I simply be paying for the fees?
  • We know that others in the same block previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest such a course of action?
  • I am currently in the process of remortgaging my one bedroom ground floor purpose built maisonette in Woodhouse Eaves and the mortgage company that I am looking to switch to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety eight years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Woodhouse Eaves

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