Top Ten Questions relating to Chorley and Eccleston Lease Extensions

  • I want to purchase a leasehold property and extend the lease. The owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Chorley and Eccleston, and my lease will reach 63 years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • We wish to extend our lease having owned the property for two years as of 1st April 2016. It has slightly less than 65 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • Me and my wife have owned a leasehold flat for about eighteen years. There are seventy seven years outstanding on the lease. After a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
  • I am the freeholder of a Edwardian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety five years. What are my next steps?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Chorley and Eccleston. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My husband and I are hoping to acquire a flat (a ground floor flat inChorley and Eccleston with share of freehold). During our search, we were always looking at flats that had a minimum 84 years balance left. We identified a apartment we liked and the selling agent assured that the lease was long albeit not specifying a number. Today our property lawyers informed us the lease only has 57 years and therefore requires a lease extension. Do we run away, or should we reduce our offer?
  • My wife and I are concerned about seeking a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the freeholder still attempted to get ground rent of £250 doubling every 25 years of the new lease. Can you help?
  • I require an estimate to extend my aunt’s lease on a one bedroom apartment in Chorley and Eccleston. She already has a price from the landlord for a lease extension but I am not sure it is too high.
  • I am currently negotiating a lease extension for my flat in Chorley and Eccleston 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?
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    Lease Extensions in Chorley and Eccleston

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