Questions and Answers: Cleveleys Lease Extensions

  • So this is the scenario: I acquired a maisonette in Cleveleys that I am finding difficult to sell due to the lease needing a lease extension. What's your solicitors fee ?
  • I am looking to extend the lease on my one bedroom apartment in Cleveleys which will have 70 years left in August. What fees do you charge for this?
  • I am about to put an offer in on a ground floor flat in Cleveleys with a lease of sixety eight years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking to either purchase the freehold or a lease extension of my property in Cleveleys and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Platform Home Loans Ltd to release of equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease started in 1981 and since then the ground rent has increased from £38.00 per year to £100 per year.
  • I have a share of the freehold. There are four apartments in the block. All the leaseholders are now seeking lease extensions. Are you willing to assist us with this situation?
  • I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Cleveleys. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I own the freehold reversion of a property in Cleveleys where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
  • I am planning on remortgaging my 2 bed flat in Cleveleys and the bank that I am looking to move to requires at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around 71 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Cleveleys 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 have a lease of fivety eight years remaining on my flat in Cleveleys. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Cleveleys

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