Recently asked questions relating to Broughton In Furness Lease Extensions

  • I’ve just bought a studio flat located inBroughton In Furness and I'm considering extending the lease as soon as practicable e.g. after 24 months of ownership
  • My wife has a flat in Broughton In Furness which we are about to put on the market. The leasehold has circa 59 years unexpired 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? Many thanks.
  • I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has sixety four years balance left
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has fivety eight years balance left.
  • I am considering whether to purchase the freehold or a lease extension of my property in Broughton In Furness and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Nationwide Building Society to free up equity. My broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has been raised from £15.00 per year to £200 per year.
  • In 2012 I purchased a leasehold apartment in Broughton In Furness. I have built a large extension and have not informed the freeholder. What should I do?
  • I wondered if you could help me on how much it would expense and the optimum way to get a lease extension started? I have just over seventy eight years remaining and I own a three bed flat in Broughton In Furness.
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • We currently own a two bedroom first floor purpose built flat in Broughton In Furness and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety eight years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom first floor purpose built maisonette in Broughton In Furness

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Broughton In Furness