Questions and Answers: Cleveleys Lease Extensions

  • We agreed with the freeholder for a lease extension on our flat based in Cleveleys, 18.5k for another 90yrs. What's your legal fee ?
  • I’ve just completed on a garden flat based inCleveleys and I'm thinking about a lease extension as soon as possible e.g. in 24 months of ownership
  • I am looking to extend the lease on my garden flat in Cleveleys which will have 57 years remaining in August. What fees apply?
  • I am looking to purchase a ground floor flat in Cleveleys with a lease of 70 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a three bedroom first floor purpose built flat in Cleveleys, where the lease is around fivety four years but she was told by the estate agents that the flat owner had extended it to 125 years. Only now has she been told the homeowner was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems devious, also it may take months to sort it all out. Am I being too sceptical?
  • I am looking at buying an auction property and came upon a studio flat in Cleveleys. It has just 41 year lease..the vendor being mortgagees in possession will not want to mess around with applying for a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and decreased chance of getting a mortgage with Birmingham Midshires?
  • Ref a leasehold in Cleveleys. lower maisonette. seventy yrs unexpired. I have negotiated a lease extension price of £14k for 115yrs. Landlord also requested Section 42 Notice which I think should not be necessary. Can you assist.
  • Me and my sister are considering purchasing a garden flat in Cleveleys which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • My dad has a share of freehold, with two other leaseholders in a building in Cleveleys. House divided into three apartments. He has a lease, which has roughly seventy three years left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • My fiance and I are in the throws of buying a flat (a studio flat located inCleveleys with share of freehold). During our search, we were always looking at apartments that had a minimum 84 years remaining. We identified a flat we liked and the selling agent promised us that the lease was long albeit not specifying a number. Today our solicitors informed us the lease only has seventy five years and therefore requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Cleveleys

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