Questions and Answers: Grassendale Lease Extensions

  • I own a leasehold flat in the Grassendale area and was curious if I could obtain a lease extension. What are your processes and fees. Has seventy six years remaining
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Grassendale, and my lease will reach 62 years this January. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • The intention is to sell our ground floor flat in Grassendale but we may need a lease extension, or possibly cover the expense of our buyers. Are you able to recommend someone to handle this?
  • My co-lessees and I are in a building made up three flats in Grassendale 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?
  • I am a FTB of a leasehold flat in Grassendale. The lease has only seventy five years left and ground rent is £95. Is it possible for the vendor to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the seller? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
  • I intend to buy a one bed flat in Grassendale for asking price of 156k, which has 74 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am seeking advice as I am interested in a property that has only a sixety seven year lease and therefore requires a lease extension. Is it possible for me to call someone to go through my options please?
  • My husband and I have been in discussion with our freeholder after having a valuation on our 2 bed flat in Grassendale. We have a 62 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Me and my fiance are in the throws of buying a home (a garden flat located inGrassendale with share of freehold). During our search, we were always looking at properties that had at least ninety years left on the lease. We identified a place we fell in love with and the estate agent assured that the lease term was not an issue. Today our told us the lease only has 64 years and therefore requires a lease extension. Do we run away, or should we reduce our offer?
  • My sister is concerned about seeking a lease extension from an objectionable landlord. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £200 increasing by 100% every twenty years of the new term. Can you assist?

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