Worplesdon Lease Extensions: Q and A’s

  • I just completed on a property in Worplesdon and it has around 65 years residual lease term. I'd like to arrange a lease extension by twenty years
  • I'm intending to make an offer on a house in Worplesdon but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays giving us the mortgage now?
  • I am about to put an offer in on a three bedroom ground floor purpose built flat in Worplesdon with a lease of 73 years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I'm deliberating over purchasing a maisonette (leasehold) but the freeholder has been missing for roughly 15yrs. My question is would it be cheaper to try to buy the reversionary title or to get a lease extension and apply for RTM?
  • I am about to view a two bedroom maisonette, 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 64 years outstanding on the lease. It is also a repossession so I'm guessing that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am planning to extend the lease on my garden flat in Worplesdon I am looking for a local company to calculate the premium. I have a price from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • We are acquiring a garden flat in Worplesdon which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our conveyancers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
  • Are you able to provide an estimate to extend my mum’s lease on a garden flat in Worplesdon. She already has a price from the landlord for a lease extension but I am far from certain if it is too high.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Worplesdon
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    Lease Extensions in Worplesdon

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