Hoylake Lease Extensions

Frequently asked questions relating to Hoylake Lease Extensions

I bought a three bed apartment in Hoylake that I am now unable to sell as a result of the lease needing a lease extension. Are you willing to help me with this situation ?

My name´s Sam. I’m flat hunting in Hoylake I'm deliberating offering on a one bedroom apartment online, with around seventy seven years remaining, how much will it likely cost to extend in this area by, say, fifty years?

I purchased a property in Hoylake and it has slightly more than fivety six years outstanding. I'd like to extend the lease period

I am looking to either purchase the freehold or a lease extension of my property in Hoylake and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Bank of Scotland to release of equity. The broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has been raised from £38.00 per annum to £125 per annum.

I am about to view a two bedroom apartment, although not exactly my ideal 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 66 years outstanding on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

We are considering buying a ground floor flat in Hoylake which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?

I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around sixety two years. I need a at my end. Can you advise please? I live near Hoylake and have a mortgage with Virgin Money.

My mother is worried about getting a lease extension from tricky landlord. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still tried to get ground rent of £300 increasing by 100% every twenty years of the new term. Can you assist?

I require an estimate to extend my aunt’s lease on a 2 bed flat in Hoylake. She already has a figure from the landlord for a lease extension but I am far from certain if it is reasonable.

I am currently negotiating a lease extension for my flat in Hoylake as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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