Frequently asked questions relating to Brighouse and Rastrick Lease Extensions

  • 40k agreed with the freeholder, just seeking to find a Brighouse and Rastrick for a lease extension. Our flat has nearon 73 yearsleft. What's your legal fee ?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years residual lease term so a lease extension is not a worry. 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 25 years without owning the property. Any information would be much appreciated.
  • The intention is to sell our GFF in Brighouse and Rastrick but we may need a lease extension, or at least cover the expense of our purchaser. Are you able to recommend someone to undertake the legal formalities?
  • We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Brighouse and Rastrick and looking to do a vesting order. Is this something you can do for us?
  • I'm looking for an apartment to purchase in Brighouse and Rastrick and I'm not really familiar with the leasehold arrangement. I've identified a three bedroom first floor purpose built flat I like with a 82 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Coventry Building Society?
  • I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a one bedroom apartment in Brighouse and Rastrick, where the lease is circa fivety five years but she was told by the estate agents that the owner had extended it to 125 years. Only now has she been told the seller was waiting for her to retain lawyers ahead of instigating the lease extension. Seems underhand, also it could take months to sort it all out. What do you think?
  • Coming up to 2 years that I have been in my ground floor flat in Brighouse and Rastrick. I have 61 yrs left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 445k. 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: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • My OH and I have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Brighouse and Rastrick. We have a 71 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I'm intent on buying a flat in Brighouse and Rastrick at a price of £210,000 the flat has approaching 75 years remaining on the lease. My offer was subject to the lease being renewed... .. that was back in November, expecting I'd be in before Christmas. The owner has just come back saying they'll knock £4k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I am currently negotiating a lease extension for my flat in Brighouse and Rastrick 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?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Brighouse and Rastrick