Recently asked questions relating to Aughton Lease Extensions

  • We have just completed on a ground floor flat inAughton and I'm considering extending the lease as soon as practicable e.g. in a couple of years
  • My partner has a flat based in Aughton which we are about to put on the market. The leasehold has around 55 years unexpired on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.
  • I purchased a property in Aughton and it has nearon 54 years left. I'd like to extend the lease period
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Aughton - I wanted to see if with your services it is possible for this to be extended?
  • I am a landlord of a block of flats in Aughton, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds within a month or so. As I am not on self assessment do I write to the tax man ?
  • I am looking to buy a one bed flat in Aughton for asking price of 156k, which has sixety years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living at parents but have a three bedroom first floor purpose built flat in Aughton let out which has a 65 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 Aughton 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 of a three bedroom flat in Aughton. The leaseholders have sixety three years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I own the freehold to two flats. Someone has the lease on the ground flat in Aughton. I reside in the upper flat. I was looking at the land registry documents last night when I noticed that my flat has a lease on it. There is sixety four years balance left. If I want to do a lease extension then would I just be paying for the costs?
  • I am the freeholder of a property in Aughton and a leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Aughton