Recently asked questions relating to Frizington Lease Extensions

  • I have been in touch with my freeholder for a lease extension for my flat in Frizington. Her has been in contact regarding charges etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started March 1992.
  • I am the registered owner of a studio flat in Frizington. I am looking to extend lease on the property. It is about 80 years. I would just like to know what your charges are and how long the process takes.
  • I would like to know how much it would cost and the best way to start the lease extension process? I have about 79 years unexpired lease and I own a one bedroom apartment in Frizington.
  • I am a landlord of a block of flats in Frizington, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving funds next week. Are there any tax implications, the property is in joint names with my husband ?
  • I am the freeholder of a Edwardian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety six years. What are my next steps?
  • Me and my OH would like to know the cost of a lease extension valuation for a property based in Frizington. Would you be able to help?
  • Coming up to 2 years that I have been in my garden flat in Frizington. I have 66 years left on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 445k. 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: Is there a benefit in getting a Frizington based or any will do fine?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Frizington for a one bed flat - sec 42 is already served?
  • I am planning on refinancing my three bedroom second floor purpose built flat in Frizington and the next lender that I am looking to switch to requires at least 85 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around seventy two years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Frizington 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?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Frizington