Clayton Lease Extensions: Q and A’s

  • Me and my partner are seeking a lease extension for our flat located in Clayton and we are confused by the communication that we got from our landlord company. Can you please help us with this situation?
  • My name´s Harrison. I’m property hunting in Clayton I'm thinking about offering on a garden flat online, with nearly 78 years unexpired lease, how much does it cost on average to get a lease extension by, say, fifty years?
  • I am considering investing in a holiday home but it has a lease that expires in 14 years. Its in Clayton - I wanted to see if with your services it is possible for this to be extended?
  • Do you only undertake lease extensions in Clayton? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • I'm planning on purchasing a garden flat (leasehold) but the freeholder has been missing for about 15yrs. I wonder whether it will be less expensive to try to acquire the reversionary title or to get a lease extension and apply for right to manage?
  • I'm looking for a flat to purchase in Clayton and I'm not really familiar with the leasehold tenure. I've identified a studio flat I like with a 91 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am considering purchasing an auction property and came upon a studio flat in Clayton. It only has a fifty year lease..the current owner being mortgagees in possession will not want to mess around with applying for a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of getting a mortgage with Barclays ?
  • Me and my sister are proceeding with a purchase of a one bedroom apartment in Clayton. I was assured that the lease had been extended (64 years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no finances to extend and consequently the current owner wants to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that Nottingham Building Society won't lend on a lease?
  • Hello I am the freeholder reversion in a one bedroom flat in Clayton. The leaseholder has a fivety four year lease and would like to purchase another 125 years. She is offering me £18,000 but I am not sure if this is in the right ballpark
  • I'm looking for some advice with regard to a lease extension on my garden flat in Clayton. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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