Recently asked questions relating to Crewe Lease Extensions

  • So this is the scenario: I invested in buying a garden flat in Crewe that I am now unable to sell due to the lease needing a lease extension. Can you please help me with this situation ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Crewe, and my lease will reach seventy four years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am concerned that my daughter might be having the wool pulled over her eyes. She put in an offer on a one bed flat in Crewe, where the lease is around sixety two years but she was told by the selling agents that the homeowner had extended it to 125 years. She has now been informed the seller was waiting for her to retain solicitors prior to commencing with the lease extension. Seems underhand, also it could take a while to sort it all out. What do you think?
  • I intend to buy a one bed flat in Crewe for asking price of 156k, which has 73 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 66 years. I need a at my end. Can you advise please? I live near Crewe and have a mortgage with The Royal Bank of Scotland.
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • We are in the throws of buying a flat (a ground floor flat located inCrewe with share of freehold). During our search, we were always looking at properties that had a minimum 84 years balance left. We identified a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. This morning our told us the lease only has 60 years and therefore needs a lease extension. Do we run away, or should we negotiate our offer?
  • I am the freeholder of a property in Crewe where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
  • My wife and I are concerned about getting a lease extension from an objectionable landlord. Even though the correct procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £200 doubling every twenty five years of the new term. Can you assist?
  • I'm looking for some advice with regard to a lease extension on my three bedroom first floor purpose built maisonette in Crewe. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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