Sample questions relating to Carlisle Lease Extensions

  • I want to purchase a leasehold property and extend the lease. The homeowner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I purchased a two bedroom second floor purpose built flat in Carlisle. I am looking for a lease extension on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.
  • We have a residential flat in Carlisle with 76 years left. Last year we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • We have a GFF based in Carlisle. There is eighty years to run on the lease and we want a lease extension. What will it likely cost to extend in this location by, say,thirty years
  • I have a share of the freehold. There are four apartments in the building. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • Coming up to two years that I have been in my garden flat in Carlisle. I have 62 years unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • Hello I am the freeholder title in a 3 bedroom flat in Carlisle. The leaseholder has a sixety year lease and would like to purchase another 90 years. She is offering me £18,000 but I am unsure if this is a correct amount
  • I'm looking at buying a flat in Carlisle valued at £256,000 the flat has approaching fivety four years unexpired on the lease. My offer was subject to the lease being renewed... .. that was back in November, expecting I'd have moved in by Christmas. They have just informed me that they are prepared to knock £5k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I own the freehold of a couple of flats. Someone has the lease on the garden flat in Carlisle. I reside in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat has a lease on it. There is fivety eight years left. Is it possible to carry out a lease extension without using a ?
  • I am planning on remortgaging my two bedroom first floor purpose built flat in Carlisle and the next lender that I am looking to move to requires at least 85 years remaining on the lease in order for them to progress matters. We currently have around 56 years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
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