Woore Lease Extensions

Top Ten Questions relating to Woore Lease Extensions

I’m about to offer on a one bedroom apartment to purchase in the Woore area and was curious what the likely fees would be for a lease extension? It has seventy six years outstanding...

My partner has an apartment based in Woore which we are about to put on the market. The leasehold has nearon 54 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.

I am looking to extend the lease on my ground floor flat in Woore which will have 67 years remaining in August. What fees do you charge for this?

I have a lease of 67 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 a first time buyer of a leasehold flat in Woore. The lease has just 65 years left and ground rent is £95. Is it possible for the current owner to serve the Notice of Claim and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the seller? To add to the complexity the freeholder can not be found, so I am not sure how does it work.

My mortgage provider requires a £600 fee for their to approve the lease extension deed for my flat in Woore... I can find no mention of this in my mortgage guide... is this a usual cost that they charge?

I am a landlord of a block of flats in Woore, and the lessees are in the process of being granted lease extensions. I anticipate receiving funds within a month or so. How does the tax work, the property is co-owned with my partner ?

I am in need of a lease extension for my flat in Woore and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

We are buying a three bedroom second floor purpose built maisonette in Woore which has share of freehold and a leasehold. The lease was on the short side so the seller commenced extending the lease. 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 conveyancing process is for our to do a "priority 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 property title number has not been issued. Is it correct that we must wait until the new lease is registered?

I have sixety 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 reasonable

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