Top Ten Questions relating to Grassendale Lease Extensions

  • I agreed with the freeholder to a lease extension on our flat located in Grassendale, 16k for a further 90yrs. How long is the process ?
  • I invested in buying a ground floor flat in Grassendale that I now cannot sell as a result of the lease requiring a lease extension. How long will it take ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 58 years remaining.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Grassendale and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with The Mortgage Works to release of equity. My broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1991 and since then the ground rent has been raised from £15.00 per annum to £100 per year.
  • Are you able to advise on how much it would financials and the optimum way to start the lease extension process? I have just under sixety one years remaining and I own a garden flat in Grassendale.
  • I am seeking advice as I am interested in a property that has only a seventy four year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety four years. I need a lawyers at my end. Can you advise please? I live near Grassendale and have a mortgage with Chelsea Building Society.
  • I am the freeholder of a Edwardian property split into two apartments. 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 62 years. What are my next steps?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to acquire in Grassendale. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
  • I'm looking at buying an apartment in Grassendale at a price of £195,000 the flat has approximately 74 years unexpired on the lease. I put in an offer subject to a lease extension... .. that was back in September, hoping I'd have completed before now. The seller has just informed me that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
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    Lease Extensions in Grassendale

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