Questions and Answers: Birkenhead Lease Extensions

  • I inherited a flat in Birkenhead with a leasehold unexpired slightly less than 67 years and need a lease extension. Please can you advise me of the next stages
  • I have shares in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm wondering about the the process
  • My partner has a flat based in Birkenhead which we have just put on the market. The leasehold has approximately seventy two years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I'm about to make an offer on a house in Birkenhead but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Accord Mortgages Ltd giving us the mortgage now?
  • I invested in buying a one bedroom apartment located in Birkenhead with a leasehold unexpired of seventy seven years. I am wondering about how much I will need to spend to extend my leasehold
  • The intention is to sell our two bedroom second floor purpose built flat in Birkenhead but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to recommend a to assist?
  • I am a FTB of a leasehold flat in Birkenhead. The lease has just seventy eight years left and ground rent is £95. Is it possible for the owner to serve the Notice of Claim and then assign this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the flat owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
  • I am the freeholder of a Georgian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 54 years. What are my next steps?
  • I own the freehold of a couple of flats. Someone has the lease on the garden flat in Birkenhead. I live in the top flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is fivety eight years unexpired. If I want a lease extension then would I simply be paying for the fees?
  • I am currently negotiating a lease extension for my flat in Birkenhead 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?

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