Common questions relating to Wool Lease Extensions
I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has sixety nine years outstanding
I have a lease of seventy years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I am going to purchase a flat in Wool. My offer is subject to the lease extension. The flat owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?
Are you able to advise on how much it would cost and the best way to start the lease extension process? I have slightly more than fivety six years outstanding and I own a maisonette in Wool.
My mortgage lender is requesting a £450 fee for their to agree a lease extension for my flat in Wool... I am unable to find any reference of this in my mortgage booklet... is this a normal fee to pay?
My wife and I have a leasehold flat in Wool with 70 years remaining. Last year we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to start the negotiations again?
I own a purpose-built flat based in a small block in Wool. The leasehold interest in the flat on a 99 year lease started from 2nd October 1972 with a set yearly rent of 35. I wish to obtain a lease extension. Can I call someone to go through my options please?
I am hoping to extend the lease on my garden flat in Wool I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety four years. I need a at my end. Can you advise please? I live near Wool and have a mortgage with Platform Home Loans Ltd.
Me and my husband are acquiring a one bedroom ground floor purpose built flat in Wool which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wool