Sample questions relating to Appleton Lease Extensions

  • My name´s Blake. I’m house hunting in Appleton I'm deliberating offering on a studio flat online, with roughly seventy five years outstanding, how much will it likely cost to get a lease extension by, say, 45 years?
  • I need to extend my existing lease can you help me with that? I think it has sixety three years remaining
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has sixety six years unexpired.
  • I have been in touch with my freeholder to extend my lease for my flat in Appleton. His solicitors has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started July 1993.
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Appleton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Nationwide Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has been raised from £25.00 per year to £200 per year.
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a three bed flat in Appleton, where the lease is nearly fivety six years but she was advised by the selling agents that the current owner had extended it to 125 years. Only now has she been told the seller was waiting for her to appoint lawyers ahead of instigating the lease extension. Sounds underhand, also it will take time to sort it all out. What do you think?
  • My fiance and I had entered into a purchase of a garden flat in Appleton. I was advised by the EA that the lease extension had already been completed while on a viewing (62 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no money to extend and consequently the owner wishes to exchange and use the deposit monies to extend the lease. My question is as the lease hasn't been extended is there not a danger that Barclays won't lend on a lease?
  • I require an estimate to extend my aunt’s lease on a one bed flat in Appleton. She already has a price from the freeholder for a lease extension but I am unclear whether it is reasonable.
  • I am currently negotiating a lease extension for my flat in Appleton 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?
  • I have a lease of seventy six years remaining on my flat in Appleton. 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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    Lease Extensions in Appleton

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