FAQs concerning Colne Lease Extensions

  • I want to acquire a leasehold property and lease extension. The flat owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am the owner of a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I'm looking for a flat to buy in Colne and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 90 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • I would like to know how much it would expense and the optimum way to get a lease extension started? I have roughly seventy two years remaining and I own a garden flat in Colne.
  • My flat in Colne is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want a lease extension. What will it likely cost to get a lease extension by, say,35 years
  • I own a purpose-built apartment based in a small block in Colne. The leasehold interest in the apartment on a ninety five year lease started on 11th August 1972 with a fixed yearly rent of 45. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy seven years. What are my next steps?
  • Coming up to 2 years that I have owned my garden flat in Colne. I have 78 yrs remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • My OH and I are buying a ground floor flat in Colne which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our conveyancing practitioners to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to be patient until the new lease is registered?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Colne. 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. Can you recommend a good conveyancing practitioners who specialises in lease extensions?
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    Lease Extensions in Colne

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