Culcheth Lease Extensions

Examples of recent questions relating to Lease Extensions in Culcheth

My husband and I have just acquired a one bed flat inCulcheth and I'm considering a lease extension as soon as possible e.g. in 24 months of ownership

Hello, I stumbled across this website. I'm seeking prices on what a lease extension will cost for a two bedroom first floor purpose built flat in Culcheth. It's up for sale at the moment but has nearon 79 years left on the lease

I inherited a garden flat located in Culcheth with a leasehold unexpired of 68 years. I am wondering about what it will cost me to extend my lease

I am a FTB of a leasehold flat in Culcheth. The lease has only 71 years outstanding and ground rent is £95. Is it possible for the flat owner to serve the Notice of Claim and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how does it work.

We have a ground floor flat in Culcheth with fivety seven years to run. Last year we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from notional to £250 per annum..plus a premium I think of approximately 16k. We have now decided to proceed but do we now have to renegotiate?

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

We have owned a leasehold flat for approximately fifteen years. There are sixety seven years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.

Coming up to 2 years that I have been in my garden flat in Culcheth. I have fivety five yrs remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Culcheth based or any will do fine?

My and my husband know that others in the same block had already had a lease extension, and the freeholder was 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. Would you recommend this course of action?

I have 56 years remaining on my lease of a ground floor flat in Culcheth, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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