Common questions relating to Wymondham Lease Extensions

  • I have shares in the freehold of buildings comprising of seven flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the procedure for this
  • I acquired a ground floor flat based in Wymondham with a leasehold unexpired of 67 years. I am wondering about how much I will need to spend to extend my leasehold
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Wymondham, and my lease will reach seventy five years this January. 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 need to talk to you about an apartment in Wymondham, I am thinking of bidding at auction in the next few days. The flat only has a few years left and I was wondering about what it would cost to get a lease extension and for your services.
  • My property lawyers (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?
  • My brother and I have owned a leasehold flat for approximately fifteen years. It now has 75 years remaining on the lease. After a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy six years. I need a conveyancing practitioners at my end. Can you advise please? I live near Wymondham and have a mortgage with Nottingham Building Society.
  • I am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy two years. What are my next steps?
  • I'm intent on purchasing a flat in Wymondham at a price of £256,000 the flat has approaching 60 years remaining on the lease. My offer was conditional upon the lease being extended... .. that was back in November, expecting I'd have moved in by Christmas. They have just informed the agent they are willing to knock £3k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • I have seventy six years remaining on my lease of a ground floor flat in Wymondham, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Wymondham

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