Top Ten Questions relating to Wool Lease Extensions
I am looking to extend the lease on my maisonette in Wool which will have 56 years remaining in November. What fees are applicable?
I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Wool - I wanted to see if with your services this could be extended?
I bought a maisonette in Wool. I am looking for a lease extension on the property. It is nearon eighty one years. I would just like to know what your charges are and how long the process takes.
I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 75 years. I need a at my end. Can you advise please? I live near Wool and have a mortgage with Bank of Ireland.
Coming up to two years that I have been in my ground floor flat in Wool. I have fivety four years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
Me and my fiance are acquiring a garden flat in Wool which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do OS1 search on the property title. 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 property title number is not known. Is it right that we must hold on until the lease extension has actually been registered before completing.?
Me and my partner are hoping to buy a property (a garden flat located inWool with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years left. We identified a flat we liked and the estate agent assured that the lease term was not an issue. Today our advised us the lease only has seventy six years and therefore needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
Are you able to provide an estimate to extend my mum’s lease on a garden flat in Wool. She already has a figure from the freeholder for a lease extension but I am not sure it is too expensive.
I have seventy years remaining on my lease of a ground floor flat in Wool, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
We have a ground floor flat in Wool with a lease of 70 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wool