Alsager Lease Extensions

Questions and Answers: Alsager Lease Extensions

I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm curious about the procedure for this

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 bought a maisonette in Alsager. The lease started in 2001 for 99 years. Now I am wanting to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?

We are in a building containing three flats in Alsager and have been offered to buy the freehold for £5000 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?

My son has a share of freehold, with two other leaseholders in a building in Alsager. House divided into three flats. He has a lease, which has about sixety years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

We have owned a leasehold flat for around twenty years. There are 74 years outstanding on the lease. Following 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 a Tribunal and would appreciate advice.

I am the freeholder of a Edwardian property split into two flats. 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 70 years. What are my next steps?

Coming up to 2 years that I have owned my garden flat in Alsager. I have seventy yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Alsager based or any will do fine?

Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Alsager. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.

I have a lease of 67 years remaining on my flat in Alsager. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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