Top Ten Questions relating to Wraysbury Lease Extensions

  • I am looking to buy a garden flat in Wraysbury with a lease of 55 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I have been in touch with my freeholder to extend my lease for my flat in Wraysbury. His has been in contact regarding charges etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started January 199.
  • I'm considering purchasing a garden flat (leasehold) but the landlord has been missing for nearly 15yrs. My query is would it be less expensive to try to buy the freehold or to extend lease and apply for RTM?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a studio flat in Wraysbury, where the lease is circa 63 years but she was advised by the estate agents that the homeowner had extended it to 125 years. She has now been advised the vendor was holding off for her to instruct conveyancers before commencing with the lease extension. Sounds underhand, also it may take time to sort it all out. Am I reading too much into it?
  • I am looking to buy a one bed flat in Wraysbury for asking price of 145k, which has 68 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 62 years. I need a at my end. Can you advise please? I live near Wraysbury and have a mortgage with Godiva Mortgages Ltd.
  • We are acquiring a three bed flat in Wraysbury which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do OS1 search on the lease. 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 has not been issued. Is it correct that we have to hold on pending registration of the new lease?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Wraysbury for a three bed flat - section 42 having been issued?
  • I am the freeholder of a property in Wraysbury and a leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My surveyor has recommended a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
  • Do you handle lease extensions on land? (a plot of land in Wraysbury with 82yrs remaining)

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