Recently asked questions relating to Didsbury Lease Extensions

  • I have got a leasehold flat in the Didsbury area and was curious whether I could obtain a lease extension. What are your processes and fees. Has fivety eight years outstanding
  • My co-lessees and I are in a block comprising five flats in Didsbury and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • My (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 the freeholder of a 1930’s property split into two flats. 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 76 years. What are my next steps?
  • We would like to know the cost of a lease extension valuation for a property based in Didsbury. Is this something you can help us with?
  • Just been over two years that I have been in my studio flat in Didsbury. I have seventy three yrs outstanding on the lease. I am now looking either to buy a share of freehold or a lease extension. 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: 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 drags to LVT)?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the total cost excluding value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Didsbury
  • I require an estimate to extend my mother’s lease on a maisonette in Didsbury. She recently got a price from the freeholder for a lease extension but I am far from certain if it is too high.
  • I am currently in the process of refinancing my studio flat in Didsbury and the mortgage company that I am looking to switch to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 54 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • We have a three bed flat in Didsbury with a lease of 65 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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