FAQs concerning Great Harwood Lease Extensions

  • My wife has a flat based in Great Harwood which we are about to put on the market. The leasehold has around sixety six years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I am looking for a in Great Harwood and they need to be on the Yorkshire Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?
  • In 2012 I purchased a leasehold flat in Great Harwood. I have built a big extension and have not informed the freeholder. What should I do?
  • I am a FTB of a leasehold flat in Great Harwood. The lease has just 62 years residual lease term and ground rent is £95. Is it possible for the current owner to serve the Notice of Claim and then assign this right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 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 is achievable but will it be very time costly to the owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how this will play out.
  • Are you able to advise on the likely financials and the best way to start the lease extension process? I have nearly 75 years remaining and I own a maisonette in Great Harwood.
  • I am concerned that my niece might be having the wool pulled over her eyes. She submitted an offer on a ground floor flat in Great Harwood, where the lease is about sixety five years but she was informed by the selling agents that the flat owner had extended it to 125 years. She has now been told the current owner was waiting for her to retain lawyers ahead of instigating the lease extension. Seems devious, also it may take time to sort it all out. What do you think?
  • I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Great Harwood. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I own the freehold of a couple of flats. Someone has the lease on the garden flat in Great Harwood. I live in the upper flat. I was reviewing the title deeds today when I noticed that my flat has a lease on it. There is 63 years unexpired. If I want a lease extension then would I simply be paying for the fees?
  • We have a studio flat in Great Harwood with a lease of fivety seven years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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