FAQs concerning Littleborough Lease Extensions

  • Hello, I stumbled across this site. I'm looking for prices on what a lease extension will cost for a garden flat based in Littleborough. It's on the market at the moment but has circa seventy four years of unexpired leasehold
  • I think our lawyers has advised us incorrectly concerning a lease extension and I want to know how to go about making a formal complaint
  • My partner has a flat based in Littleborough which we are about to put on the market. The leasehold has roughly sixety eight 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? Many thanks.
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
  • I am about to put an offer in on a garden flat in Littleborough with a lease of 60 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • Just been over two years that I have owned my studio flat in Littleborough. I have sixety five yrs left on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 342K, 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Littleborough for a three bed flat - sec 42 is already in place?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Littleborough. I reside in the upper flat. I was reviewing the land registry documents last night when I noticed that my flat is leasehold. There is 60 years balance left. If I want a lease extension then would I just be paying for the lawyers costs?
  • My colleague is worried about seeking a lease extension from tricky landlord. Regardless of the fact that the correct procedures were adhered to under the appropriate legislation, the freeholder still attempted to charge ground rent of £300 doubling every 25 years of the new lease. Can you help?
  • I have a lease of 76 years remaining on my flat in Littleborough. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Littleborough

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