Top Ten Questions relating to Colne Lease Extensions

  • I am looking to extend the lease on my garden flat in Colne which will have seventy seven years remaining in November. What fees apply?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Colne, and would like some figures on that.
  • Is it possible to talk with you about a flat in Colne, I am thinking of bidding at auction in the next few days. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Colne and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Platform Home Loans Ltd to release of equity. My broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease began in 1979 and since then the ground rent has increased from £38.00 per year to £300 per year.
  • I have a share of the freehold. There are four apartments in the house. All the leaseholders are now requiring lease extensions. Are you willing to assist us with this situation?
  • We wish to extend our lease. We will have been in the property for 2 years as of 22nd May 2016. It has about fivety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Colne. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • We know that others in the same building previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
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    Lease Extensions in Colne

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