Wootton Bridge Lease Extensions: Q and A’s

  • I’ve just completed on a garden flat based inWootton Bridge and I'm thinking about a lease extension as soon as practicable e.g. in 24 months of ownership
  • I am looking to extend the lease on my one bedroom apartment in Wootton Bridge which will have sixety nine years outstanding in January. What fees apply?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy five years left.
  • I'm looking for an apartment to purchase in Wootton Bridge and I'm not really familiar with the leasehold concept. I've found a garden flat I like with a 82 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Birmingham Midshires?
  • How much will I need to spend and what is the best way to start the lease extension process? I have circa sixety four years left on my lease on a studio flat in Wootton Bridge. I have called the managing agents who represent the landlord and they provided me with the number of the surveyor. I left a phone message for the surveyor but I am not getting any kind of reaction.
  • We have a ground floor flat in Wootton Bridge with seventy five years to run. Ten months ago we were quoted a deal to have a lease extension for a further thirty years but also uplift the ground rent from nominal to £250 per annum..plus a premium I think of about 14k. Finally we have decided to proceed but do we now have to renegotiate?
  • My fiance and I are considering purchasing a garden flat in Wootton Bridge which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Wootton Bridge
  • I have seventy two years remaining on my lease of a ground floor flat in Wootton Bridge, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wootton Bridge