Burnley Lease Extensions

Examples of recent questions relating to Lease Extensions in Burnley

My name´s Dylan. I’m flat hunting in Burnley I'm considering offering on a 2 bed flat online, with around 79 years outstanding, how much will it likely cost to get a lease extension by, say, ninety years?

I’m about to offer on a three bed flat to buy in the Burnley area and was interested in finding out how much would it cost to extend a lease? It has seventy three years remaining...

My partner has a flat based in Burnley which we have just put on the market. The leasehold has roughly fivety five years outstanding 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.

Hello. I need someone to have a look at my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.

I am looking to purchase a one bedroom apartment in Burnley with a lease of fivety nine years but have no idea how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I'm thinking of buying a one bedroom ground floor purpose built maisonette (leasehold) but the landlord has been missing for about 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to extend lease and apply for right to manage?

In 2012 I purchased a leasehold flat in Burnley. I have built a big extension and have not informed the leaseholder. What are my options?

We have a ground floor flat in Burnley with 54 years unexpired. Ten months ago we were quoted a deal to grant a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to start the negotiations again?

I'm living with my mum and dad but have a garden flat in Burnley let out which has a 75 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Burnley for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?

My wife and I are aware that others in the same block had already had a lease extension, and the landlord was reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?

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