Lease Extensions in Accrington

Sample questions relating to Accrington Lease Extensions

I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Accrington - I wanted to see if with your services this could be extended?

I want to purchase a leasehold property and extend the lease. The current owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

My neighbours and I are in a building containing four flats in Accrington and have been offered to buy the freehold for £3,500 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 am thinking about purchasing an auction property and came upon a studio flat in Accrington. It only has a 48 year lease..the vendor as mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Barclays ?

My apartment in Accrington is up for sale and I have a hopefully firm offer. There is 82 years to run on the lease and I want to extend the lease. How much will it likely cost to extend in this area by, say,twenty years

My husband has a share of freehold, with two other leaseholders in a building in Accrington. House divided into three flats. He has a lease, which has just over sixety one years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?

I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around sixety four years. I need a at my end. Can you advise please? I live near Accrington and have a mortgage with Halifax.

I am the registered freeholder to two flats. Someone has the lease on the lower flat in Accrington. I live in the top flat. I was looking at the land registry documents today when I noticed that my flat has a lease on it. There is 57 years remaining. Can one do a lease extension without instructing a ?

My brother is concerned about obtaining a lease extension from tricky landlord. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the freeholder still attempted to get ground rent of £300 doubling every twenty years of the new term. Can you help?

I am currently negotiating a lease extension for my flat in Accrington 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?

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