Recently asked questions relating to Littleborough Lease Extensions

  • I’m about to offer on a three bedroom first floor purpose built maisonette to purchase in the Littleborough area and was wondering how much would it cost for a lease extension? It has 59 years outstanding...
  • I purchased a property in Littleborough and it has nearon fivety six years balance left. I'd like to arrange a lease extension by twenty years
  • I own a leasehold flat in the Littleborough area and was curious whether I could obtain a lease extension. What are your processes and charges. Has seventy one years left
  • I am a FTB of a leasehold flat in Littleborough. The lease has just seventy years unexpired and ground rent is £25. Is it possible for the homeowner to serve the Notice of Claim and then transfer this right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the owner? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
  • My husband and I have a first floor flat in Littleborough with seventy eight years unexpired. Ten months ago we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I am seeking advice as I am interested in a property that has only a 72 year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
  • I an interested in finding out more about 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 Littleborough area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my 2 bed flat in Littleborough
  • Do you handle lease extensions on land? (a plot of land in Littleborough with 82yrs remaining)
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    Lease Extensions in Littleborough

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