Common questions relating to Cheetham Lease Extensions

  • I’m just looking for a three bed apartment to purchase in the Cheetham area and was after more information on how much would it cost for a lease extension? It has 74 years unexpired...
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I own a maisonnette together with the freehold. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • My OH and I have owned a leasehold flat for approximately fifteen years. There are 54 years outstanding on the lease. Following a year of protracted negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate advice.
  • I am hoping to extend the lease on my garden flat in Cheetham I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 66 years. What are my next steps?
  • I'm living with my mother and father but have a 2 bed flat in Cheetham let out which has a seventy seven 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 Cheetham 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 13k. Not sure sure whether to hold on or sell the flat?
  • Me and my sister are purchasing a maisonette in Cheetham which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our solicitors to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we have to be patient until the new lease is registered?
  • I own the freehold reversion of a property in Cheetham where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has recommended a much higher premium. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • I'm looking for some advice with regard to a lease extension on my maisonette in Cheetham. 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 Cheetham

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