Ashton In Makerfield Lease Extensions: Q and A’s

  • I am looking for a lease extension on the lease on my garden flat in Ashton In Makerfield which will have seventy eight years unexpired lease in November. What fees apply?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years residual lease term so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any help would be much appreciated.
  • I have contacted my freeholder to extend my lease for my flat in Ashton In Makerfield. His has been in contact concerning costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started July 199.
  • The intention is to sell our ground floor flat in Ashton In Makerfield but we may need a lease extension, or at least cover the expense of our buyers. Can you suggest a to assist?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • I am looking to extend the lease on my two bedroom first floor purpose built maisonette in Ashton In Makerfield I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm living with my mother and father but have a ground floor flat in Ashton In Makerfield let out which has a 58 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Ashton In Makerfield for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • I own the freehold reversion of a property in Ashton In Makerfield where the leaseholder has requested a lease extension. Her valuer has provided a figure of £8,000, but has increased this by £2,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
  • My wife and I are worried about obtaining a lease extension from tricky landlord. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to charge ground rent of £300 increasing by 100% every 25 years of the new term. Can you assist?
  • Do you handle lease extensions on land? (a plot of land in Ashton In Makerfield with 82yrs remaining)

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