Haydock Lease Extensions

Sample questions relating to Haydock Lease Extensions

Hello. I need someone to have a look at my lease extension before it's completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.

I am considering whether to purchase the freehold or a lease extension of my property in Haydock and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Barclays to release of equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1972 and since then the ground rent has increased from £25.00 per year to £125 per annum.

I am a freeholder of a block of flats in Haydock, and the leaseholders are in the process of being granted lease extensions. I should hopefully get funds next month. As I am not on self assessment do I get in touch with the tax authorities ?

I am looking at buying an auction property and found a two bed flat in Haydock. It only has a 50 year lease..the seller being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of getting a mortgage with Birmingham Midshires?

My dad has a share of freehold, with two other leaseholders in a building in Haydock. House divided into three apartments. He has a lease, which has just under sixety seven yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

We have owned a leasehold flat for around fifteen years. It now has 77 years remaining on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy seven years. I need a at my end. Can you advise please? I live near Haydock and have a mortgage with Accord Mortgages Ltd.

I'm living with my mum and dad but have a one bedroom apartment in Haydock let out which has a seventy four year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Haydock for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?

I own the freehold reversion of a property in Haydock and a leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has increased this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to face?

We currently own a ground floor flat in Haydock and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety six years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

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