Recently asked questions relating to Wormwood Scrubs Lease Extensions

  • We have just purchased a three bed conversion flat located inWormwood Scrubs and I'm considering a lease extension as soon as possible e.g. after two years
  • I am looking for a solicitors in Wormwood Scrubs and they should be on the Barnsley Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
  • Possibly made a mistake, I am seeking a conveyancers in Wormwood Scrubs who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to help me with?
  • I invested in buying a maisonette in Wormwood Scrubs. I am looking to extend lease on the property. It is just under 80 years. I would just like to know what your charges are and how long the process takes.
  • I will soon view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 66 years balance left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage provider requires a £450 fee for their lawyers for a "deed of substituted security" for the lease extension for my flat in Wormwood Scrubs... I can find no reference of this in my mortgage literature... is this a standard charge?
  • My apartment in Wormwood Scrubs is up for sale and I have a hopefully firm offer. There is 82 years remaining on the lease and I want a lease extension. What does it cost on average to extend in this area by, say,45 years
  • We are considering buying a garden flat in Wormwood Scrubs which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I'm living at mum and dad but have a maisonette in Wormwood Scrubs let out which has a sixety five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Wormwood Scrubs for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • I own the freehold reversion of a property in Wormwood Scrubs and a leaseholder has requested a lease extension. Her valuer has provided a figure of £8,000, but has upped this by £2,000 without too much effort. My valuer has recommended a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?

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