FAQs concerning Woore Lease Extensions

  • I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Woore - I wanted to see if with your services this could be extended?
  • I need to extend my current lease can you help me with that? I think it has seventy nine years unexpired
  • I am considering whether to purchase the freehold or a lease extension of my property in Woore and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Bank of Scotland to release of equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has been raised from £15.00 per annum to £125 per year.
  • My fiance and I have owned a leasehold flat for about fifteen years. There are 66 years left on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • 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 63 years. I need a at my end. Can you advise please? I live near Woore and have a mortgage with Halifax.
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Woore. I occupy in the top flat. I was looking at the land registry documents today when I noticed that my flat is leasehold. There is 60 years outstanding. Is it possible to do a lease extension without retaining a ?
  • I am the freeholder of a property in Woore and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • I have 79 years remaining on my lease of a ground floor flat in Woore, 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 one bedroom apartment in Woore with a lease of 72 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
  • I have a lease of 79 years remaining on my flat in Woore. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Woore