Common questions relating to Egremont Lease Extensions

  • I bought a studio flat in Egremont that I am finding difficult to sell as a result of the lease requiring a lease extension. Can you please help me with this situation ?
  • I am about to put an offer in on a maisonette in Egremont with a lease of fivety nine years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I have a leasehold apartment in Egremont. I have built a large extension and have not informed the freeholder. What are my options?
  • I am a FTB of a leasehold flat in Egremont. The lease has just fivety five years residual lease term and ground rent is £75. Is it possible for the seller to serve the Notice of Claim and then assign this right to me as the buyer on the day of completion so that I can avoid waiting for the 2 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 is legal but will it be very time consuming to the owner? Unfortunately the freeholder is absent, so I am not sure how does it work.
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a garden flat in Egremont, where the lease is circa seventy nine years but she was told by the estate agents that the owner had extended it to 99 years. Only now has she been advised the current owner was holding off for her to instruct solicitors ahead of instigating the lease extension. Seems odd to me, also it will take a while to sort it all out. Am I reading too much into it?
  • I own a share of the freehold. There are three flats in the house. All the leaseholders are now requiring lease extensions. What's your legal fee?
  • My brother and I are considering buying a studio flat in Egremont which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • 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?
  • I have 55 years remaining on my lease of a ground floor flat in Egremont, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I am currently negotiating a lease extension for my flat in Egremont as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Egremont

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