Top Ten Questions relating to Woodside Park Lease Extensions

  • I purchased a ground floor flat in Woodside Park. The lease started in 1991 for 99 years. Now I am looking to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • Think I may have made an error, I am searching for a property lawyers in Woodside Park who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • I bought a garden flat in Woodside Park. I am looking to extend lease on the property. It is nearly eighty one years. I would just like to know what your charges are and how long the process takes.
  • I am thinking about bidding for an auction property and identified a one bed flat in Woodside Park. It only has a 41 year lease..the current owner as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Lloyds TSB Bank?
  • My wife and I have a ground floor flat in Woodside Park with 75 years left. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from nominal to £200 per annum..plus a premium I think of about 10k. We have now decided to go ahead but do we now have to renegotiate?
  • Coming up to 2 years that I have been in my three bed flat in Woodside Park. I have sixety eight years remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • Me and my husband have been in discussion with our freeholder after having a valuation on our garden flat in Woodside Park. We have a 56 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • My partner and I are buying a studio flat in Woodside Park which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our property lawyers to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
  • I'm hoping for some help concerning a lease extension on my flat. I'll be looking to do this in six months time as we must 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 LVT 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Woodside Park

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