Lease Extensions in Worplesdon

Sample questions relating to Worplesdon Lease Extensions

35k agreed with the freeholder, just trying to find a Worplesdon for a lease extension. Our flat has just under 56 yearsremaining. How long will this take ?

We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 798 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.

I would like to have my residential flat leasehold extension premium valued. The flat is in Worplesdon, and my lease will reach 56 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I am looking into the costs of carrying out a lease extension for my two bedroom first floor purpose built maisonette in Worplesdon, and would like some figures on that.

I am looking to either purchase the freehold or a lease extension of my property in Worplesdon and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Birmingham Midshires to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1981 and since then the ground rent has increased from £38.00 per annum to £100 per year.

In 2010 I purchased a leasehold apartment in Worplesdon. I have built a huge extension and have not informed the freeholder. What should I do?

Me and my fiance had entered into buying a maisonette in Worplesdon. I was advised that the lease had been lengthened (seventy two years outstanding prior to extension). The sales particulars stated "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The vendor supposedly has a quote but no finances to extend and consequently the homeowner wants to exchange and use the 10% deposit for the lease extension. My question is is it not odd that my failed to pick this up far earlier than just before exchange?

I intend to buy a one bed flat in Worplesdon for asking price of 156k, which has 65 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am the freeholder of a 1930’s property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 74 years. What are my next steps?

My brother and I are purchasing a garden flat in Worplesdon which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do a pre-completion search on the property title. The concern 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 lease title number is not known. Is it correct that we have to hold on until the lease extension has actually been registered before completing.?

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