Top Ten Questions relating to Chorley and Eccleston Lease Extensions

  • Me and my husband are thinking about a lease extension for our flat in Chorley and Eccleston and we are confused by the letter that we received from our freehold company. What's your solicitors fee?
  • My name´s Riley. I’m flat hunting in Chorley and Eccleston I'm deliberating offering on a one bed flat online, with roughly 73 years left, how much does it cost on average to get a lease extension by, say, ninety years?
  • I am looking for a lease extension on the lease on my 2 bed conversion flat in Chorley and Eccleston which will have fivety four years left in August. What fees are applicable?
  • I have contacted my freeholder for a lease extension for my flat in Chorley and Eccleston. Her has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started July 1994.
  • I am going to purchase a flat in Chorley and Eccleston. My offer is subject to the lease extension. The vendor’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my two bedroom ground floor purpose built maisonette in Chorley and Eccleston, and would like some figures on that.
  • I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 56 years balance left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Chorley and Eccleston area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • Just been over two years that I have been in my one bedroom ground floor purpose built maisonette in Chorley and Eccleston. I have 74 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 320K, 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 funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Chorley and Eccleston

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