Lease Extensions in Bardsley

Frequently asked questions relating to Bardsley Lease Extensions

I own a maisonette in Bardsley that I am finding difficult to sell as a result of the lease needing a lease extension. How long will it take ?

We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 899 years unexpired 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any feedback would be much appreciated.

I am the owner of a maisonnette and the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?

I would like to have my residential flat leasehold extension premium assessed. The flat is in Bardsley, and my lease will reach 79 years this May. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I plan on buying a flat located in Bardsley. My offer is conditional upon a lease extension. The owner’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I inherited a maisonette in Bardsley. I am looking to extend lease on the property. It is approaching eighty years. I would just like to know what your charges are and how long the process takes.

I wondered if you could help me on how much it would financials and the best way to start the lease extension process? I have around 73 years left and I own a three bed flat in Bardsley.

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?

Coming up to 2 years that I have been in my maisonette in Bardsley. I have sixety six years unexpired lease on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 425k. 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: In terms of surveyors - how do I go about finding one?

I have 71 years remaining on my lease of a ground floor flat in Bardsley, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

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