Lake District Lease Extensions: Q and A’s

  • 40k agreed with the freeholder, just seeking to find a Lake District for a lease extension. Our lease has circa sixety seven yearsleft. Are you willing to help us with this situation ?
  • My wife has a flat based in Lake District which we are about to put on the market. The leasehold has around 63 years balance left 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 just completed on a property in Lake District and it has slightly less than 64 years outstanding. I'd like to extend the lease period
  • I am considering investing in a second home but it has a lease that expires in fifteen years. Its in Lake District - I wanted to see if with your services this could be extended?
  • I am the registered owner of a three bedroom ground floor purpose built maisonette in Lake District. The lease started in 2001 for 99 years. Now I am looking to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • We have a residential flat in Lake District with sixety one years left. Last year we were quoted a deal to have a lease extension for a further fifty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to renegotiate?
  • Me and my sister had entered into buying a studio flat in Lake District. I was told that the lease had been lengthened (74 years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The current owner supposedly has a quote but no finances to extend and consequently the owner intends to exchange and use the my deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I am seeking advice as I am interested in a property that has only a 69 year lease and therefore requires a lease extension. Is it possible for me to call someone to go through my options please?
  • I would like some advice on purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Lake District area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety four years. What are my next steps?

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