Questions and Answers: Ellesmere Lease Extensions

  • I’m just looking for a a property to buy in the Ellesmere area and was enquiring what the likely fees would be for a lease extension? It has 75 years remaining...
  • I inherited a one bedroom apartment located in Ellesmere with a leasehold unexpired of 72 years. I am enquiring about how much it will cost me to extend my lease term
  • I am about to put an offer in on a garden flat in Ellesmere with a lease of sixety seven years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • 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?
  • Last year I purchased a leasehold apartment in Ellesmere. I have built a big extension and have not informed the leaseholder. What are my options?
  • I am a first time buyer of a leasehold flat in Ellesmere. The lease has just 64 years balance left and ground rent is £50. Is it possible for the seller to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I don't have to wait 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 costly to the homeowner? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • I'm hoping for some assistance concerning a lease extension on my maisonette. The plan is to do this in nine months time as we must move 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 LVT route. Can you recommend a good who specialises in lease extensions. Ideally someone in Ellesmere area?
  • We know that others in the same building had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I have sixety seven years remaining on my lease of a ground floor flat in Ellesmere, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I'm looking for some advice with regard to a lease extension on my three bed flat in Ellesmere. 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. Can you recommend a good who specialises in lease extensions?

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