Levenshulme Lease Extensions: Q and A’s

  • I have been in touch with my freeholder for a lease extension for my flat in Levenshulme. Her has been in contact regarding fees etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started June 1994.
  • I need to talk to you about an apartment in Levenshulme, I am considering buying at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I have a leasehold apartment in Levenshulme. I have built a big extension and have not informed the leaseholder. What are my options?
  • I will soon view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has seventy years outstanding on the lease. It is also a repossession so I'm guessing that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a garden flat in Levenshulme, where the lease is about seventy two years but she was informed by the selling agents that the vendor had extended it to 125 years. Only now has she been advised the flat owner was holding off for her to instruct solicitors before commencing with the lease extension. Sounds odd to me, also it may take time to sort it all out. What do you think?
  • My mortgage lender requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Levenshulme... I am unable to find any mention of this in my mortgage booklet... is this a standard charge?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • My fiance and I have owned a leasehold flat for about twenty years. It now has 55 years unexpired lease on the lease. Following a year of protracted 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.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my ground floor flat in Levenshulme
  • Me and my husband are acquiring a three bed flat in Levenshulme which has share of freehold and a leasehold. The lease was on the short side so the seller commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to wait until the lease extension has actually been registered before completing.?

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