Bolton Lease Extensions: Q and A’s

  • I'm intending to make an offer on a house in Bolton 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 The Royal Bank of Scotland giving us the mortgage now?
  • I want to buy a leasehold property and extend the lease. The seller has been there for three 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 ?
  • I have a lease of 54 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • How much will it cost me and what is the best way to start the lease extension process? I have around sixety three years unexpired lease on my lease on a maisonette in Bolton. I have called the managing agents who represent the landlord and they provided me with the number of the valuer. I left a phone message for the valuer but I am not getting any calls back.
  • My mortgage lender requires a £600 fee for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Bolton... I can find no mention of this in my mortgage literature... is this a normal fee to pay?
  • I am a freeholder of a block of flats in Bolton, and the tenants are in the process of being granted lease extensions. I should hopefully get the money within a month or so. How does the tax work, the property is co-owned with my partner ?
  • My husband and I are proceeding with a purchase of a garden flat in Bolton. I was advised by the EA that the lease extension had already been completed while on a viewing (66 years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The current owner apparently has a quote but no money to extend as a result the owner wants to exchange and use the my deposit to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I have a flat in Bolton with sixety four years unexpired on the lease. I am looking for a solicitors to act for me to obtain a lease extension. Can you help?
  • My colleague is worried about obtaining a lease extension from an objectionable freeholder. Even though the correct procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £250 doubling every 25 years of the new lease. Can you help?
  • I'm looking for some advice with regard to a lease extension on my maisonette in Bolton. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good lawyers who specialises in lease extensions?
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    Lease Extensions in Bolton

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