Examples of recent questions relating to Lease Extensions in Wycombe Marsh

  • I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the the process
  • I am looking for a lease extension on the lease on my one bedroom apartment in Wycombe Marsh which will have 55 years left in November. What fees do you charge for this?
  • I am looking to purchase a one bedroom apartment in Wycombe Marsh with a lease of 73 years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I plan on buying a flat in Wycombe Marsh. My offer is conditional upon a lease extension. The current owner’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • My neighbours and I are in a building comprising five flats in Wycombe Marsh and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I'm looking for an apartment to buy in Wycombe Marsh and I'm not really familiar with the leasehold title. I've identified a garden flat I like with a 91 years lease. My research reveals that I can get a lease extension after 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • My fiance and I have owned a leasehold flat for around eighteen years. It now has 59 years outstanding on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • We are buying a ground floor flat in Wycombe Marsh which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do a "priority 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 property title number has not been issued. Is it correct that we must wait until the lease extension has actually been registered before completing.?
  • I'm looking for some advice with regard to a lease extension on my apartment. The intention is to do this sometime next year as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently negotiating a lease extension for my flat in Wycombe Marsh as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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