Sample questions relating to Woodthorpe Lease Extensions

  • I want to buy a leasehold property and extend the lease. The seller has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a conveyancers in Woodthorpe and they should be on the Britannia approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a property lawyers ?
  • I have been in touch with my freeholder to extend my lease for my flat in Woodthorpe. His conveyancers has been in contact with charges 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 1992.
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Woodthorpe and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with HSBC Bank to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease commenced in 1981 and since then the ground rent has been raised from £25.00 per annum to £125 per annum.
  • My mortgage lender is requesting several hundred pounds for their conveyancing practitioners to approve the lease extension deed for my flat in Woodthorpe... I can find no mention of this in my mortgage contract... is this a standard fee to pay?
  • Offer accepted on a a one bedroom apartment in Woodthorpe, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are soon to exchange contracts in a couple of days. My question is how is possible that the estate agent got it so wrong?
  • My husband and I would like to know the cost of a lease extension valuation for a property based in Woodthorpe. Would you be able to help?
  • Just been over 2 years that I have owned my garden flat in Woodthorpe. I have fivety four years unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 350K, 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • My OH and I are hoping to buy a home (a maisonette inWoodthorpe with share of freehold). Throughout our search, we were always looking at apartments that had at least 83 years remaining. We identified a apartment we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancers advised us the lease only has 62 years and therefore requires a lease extension. Do we walk away, or should we negotiate our offer?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Woodthorpe. I reside in the upper flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is sixety nine years left. Is it possible to do a lease extension without instructing a conveyancing practitioners?
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    Lease Extensions in Woodthorpe

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