Recently asked questions relating to Great Harwood Lease Extensions

  • Hi, I am looking somewhere around or in Great Harwood 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I want to acquire a leasehold property and lease extension. The current owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 72 years remaining.
  • I am the owner of a maisonnette and the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I am the registered owner of a one bedroom second floor purpose built flat in Great Harwood. The start date for the lease was in 1998 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I will soon view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 77 years left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • Regarding a leasehold in Great Harwood. GFF maisonette. 69 yrs remaining. I have an agreed lease extension to £12,000 for 125yrs. Landlord also insisted on Notice of Claim which I think should not be necessary. Advice required.
  • My wife and I are considering purchasing a one bed flat in Great Harwood which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • I intend to buy a one bed flat in Great Harwood for asking price of 125k, which has 76 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 landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • If a leaseholder owns a flat with a lease of less than 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?

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