Questions and Answers: Cleator Moor Lease Extensions

  • Hello, I just randomly found this site. I'm seeking prices on what it cost to extend a lease of a one bedroom apartment located in Cleator Moor. It's up for sale at the moment but has approximately 69 years of unexpired leasehold
  • My partner has an apartment located in Cleator Moor which we are about to put on the market. The leasehold has roughly 58 years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 798 years remaining so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
  • I am looking for a in Cleator Moor and they need to be on the Clydesdale approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend a ?
  • I bought a three bed flat in Cleator Moor. The lease started in 1998 for 99 years. Now I am wanting to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • I plan on buying a flat in Cleator Moor. The offer is conditional upon a lease extension. The homeowner’s has served the Section 42 Notice. 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 Platform Home Loans Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm considering purchasing a maisonette (leasehold) but the landlord has been missing for roughly 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to extend lease and apply for right to manage?
  • We currently own a studio flat in Cleator Moor and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 70 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Cleator Moor 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Cleator Moor
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cleator Moor