Kelsall Lease Extensions: Q and A’s

  • So this is the scenario: I inherited a studio flat in Kelsall that I am finding difficult to sell due to the lease needing a lease extension. What's your solicitors fee ?
  • My name´s Riley. I’m flat hunting in Kelsall I'm seeing a studio flat online, with slightly more seventy four years left, how much does it cost on average to extend in this location by, say, 25 years?
  • I am about to put an offer in on a ground floor flat in Kelsall with a lease of fivety six years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Kelsall, and would like some figures on that.
  • Ref a residence in Kelsall. upper maisonette. sixety eight yrs left. I have an agreed lease extension to £14k for 115yrs. Landlord also insisted on Initial Notice which I think should not be necessary. Advice required.
  • I have a share of the freehold. There are four flats in the house. All the leaseholders are now requiring lease extensions. How long will take to get a lease extension?
  • I'm living with my mum and dad but have a ground floor flat in Kelsall let out which has a 75 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 Kelsall 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. Should I keep or sell the flat?
  • Just been over two years that I have been in my one bed flat in Kelsall. I have 68 yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I have a freehold of a one bedroom flat in Kelsall. The leaseholders have seventy seven years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • I have 62 years remaining on my lease of a ground floor flat in Kelsall, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
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    Lease Extensions in Kelsall

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