Frequently asked questions relating to Didsbury Lease Extensions

  • I’m just looking for a garden flat to purchase in the Didsbury area and was enquiring what the likely fees would be for a lease extension? It has 76 years outstanding...
  • I am looking for a lease extension on the lease on my maisonette in Didsbury which will have 69 years unexpired lease in January. What fees apply?
  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Didsbury - I wanted to see if with your services it is possible for this to be extended?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I'm looking for a flat to purchase in Didsbury and I'm not really familiar with the leasehold tenure. I've found a garden flat I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Is this a given?
  • My leasehold flat in Didsbury is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want a lease extension. How much does it cost on average to extend in this location by, say,fifty years
  • My conveyancers (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?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost including value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my 2 bed flat in Didsbury
  • I am the freeholder of a property in Didsbury and a leaseholder would like a lease extension. Her valuer 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. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • I am currently in the process of refinancing my garden flat in Didsbury and the next lender that I am looking to move to requires a minimum 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around seventy six years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
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    Lease Extensions in Didsbury

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Didsbury