Littleborough Lease Extensions

Frequently asked questions relating to Littleborough Lease Extensions

My wife has an apartment based in Littleborough which we are about to put on the market. The leasehold has around 56 years 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.

I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has seventy nine years outstanding

I need to negotiate a lease extension for a flat in Littleborough and want to use a local . Is there a that you can recommend?

We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not a worry. 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 purchased a garden flat based in Littleborough with a leasehold unexpired of sixety seven years. I am wondering about how much I will need to spend to extend my leasehold

The terms for the lease on my apartment in Littleborough are 101 years from 12 Dec 1990. Can you supply me me a quote for a lease extension if I give you more information please?

I will soon view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety eight years balance left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?

I am looking to buy a one bed flat in Littleborough for asking price of 125k, which has seventy seven years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

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 have 54 years remaining on my lease of a ground floor flat in Littleborough, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

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