Wynyard Lease Extensions: Q and A’s

  • So this is the scenario: I inherited a one bedroom apartment in Wynyard that I now cannot sell as a result of the lease needing a lease extension. How long will it take ?
  • Do you only undertake lease extensions in Wynyard? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I plan on buying a flat located in Wynyard. The offer is subject to the lease extension. The current owner’s has given to the freeholder the Notice of Claim. 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 Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
  • I am considering acquiring an auction property and found a two bed flat in Wynyard. It has just 41 year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with Barclays Direct?
  • My flat in Wynyard is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want a lease extension. How much will it likely cost to extend in this area by, say,ninety years
  • I own a share of the freehold. There are four flats in the house. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?
  • I am planning to extend the lease on my garden flat in Wynyard I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am worried about obtaining a lease extension from a difficult freeholder. Even though the legal procedures were followed under the appropriate legislation, the landlord still tried to get ground rent of £200 doubling every twenty years of the new lease. Can you help?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Wynyard. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal 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?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Wynyard