Questions and Answers: Askam In Furness Lease Extensions

  • I bought a two bedroom first floor purpose built maisonette in Askam In Furness that I now cannot sell due to the lease needing a lease extension. What's your legal fee ?
  • I’m about to offer on a one bedroom apartment to buy in the Askam In Furness area and was wondering what the likely fees would be to extend a lease? It has fivety seven years left...
  • Hello, I stumbled across this website. I'm looking for prices on what it cost to extend a lease of a garden flat in Askam In Furness. It's on sale at the moment but has roughly fivety five years left on the lease
  • I want to acquire a leasehold property and extend the lease. The current owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 899 years outstanding so a lease extension is not an issue. 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 correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
  • I am looking for a property lawyers in Askam In Furness and they should be on the Norwich and Peterborough Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend any please ?
  • My neighbours and I are in a building consisting of five flats in Askam In Furness and have been offered to buy the freehold for £6000 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 a landlord of a block of flats in Askam In Furness, and the leaseholders are in the process of being issued lease extensions. I should hopefully get the money within a month or so. Are there any tax implications, the property is co-owned with my husband ?
  • Coming up to 2 years that I have owned my ground floor flat in Askam In Furness. I have 58 years left on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I require an estimate to extend my aunt’s lease on a studio flat in Askam In Furness. She already has a figure from the freeholder for a lease extension but I am not sure it is too expensive.
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    Lease Extensions in Askam In Furness

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