Questions and Answers: Failsworth Lease Extensions

  • I have got a leasehold flat in the Failsworth area and was wondering whether I could obtain a lease extension. What are your processes and charges. Has 55 years balance left
  • Hello. I need someone to have a look at my lease extension before it's completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few small amendments.
  • I need to talk to you about a leasehold property in Failsworth, I am considering buying at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I have a leasehold flat in Failsworth. I have built a huge extension and have not informed my freeholder. What should I do?
  • I am considering bidding for an auction property and identified a studio flat in Failsworth. It only has a fifty-one year lease..the seller as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Yorkshire Building Society?
  • I am looking to extend the lease on my ground floor flat in Failsworth I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • 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 54 years. What are my next steps?
  • Me and my sister are in the throws of buying a flat (a maisonette based inFailsworth with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 83 years residual lease term. We found a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our told us the lease only has fivety four years and thus needs a lease extension. Do we walk away, or do we negotiate our offer?
  • I'm looking for some help with regard to a lease extension on my apartment. I'll be looking to do this in six months time as we need to 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. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I have seventy seven years remaining on my lease of a ground floor flat in Failsworth, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

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