Littleborough Lease Extensions

Questions and Answers: Littleborough Lease Extensions

I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this

Hello. I need a to have a look at my lease extension prior to it being completed just to make sure there's nothing that I haven't seen - it's just a reissue with a few small variations.

We purchased a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Littleborough and looking to do a vesting order. Is this something you can help us with?

I am concerned that my daughter is being hoodwinked. She put in an offer on a studio flat in Littleborough, where the lease is nearon fivety eight years but she was told by the estate agents that the seller had extended it to 99 years. She has now been advised the homeowner was holding off for her to retain lawyers prior to commencing with the lease extension. Sounds odd to me, also it will take months to sort it all out. Am I being too sceptical?

My partner and I have a ground floor flat in Littleborough with 54 years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to £250 per annum..plus a premium I think of approximately 14k. We have now decided to proceed but do we now have to renegotiate?

My partner and I have a GFF in Littleborough. There is eighty years remaining on the lease and we want to extend the lease. What will it likely cost to get a lease extension by, say,35 years

My brother and I have owned a leasehold flat for about eighteen years. There are seventy seven years remaining on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.

We would like to know the cost of a lease extension valuation for a property based in Littleborough. Is this something you can assist us with?

I am currently negotiating a lease extension for my flat in Littleborough as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

Do you handle lease extensions on land? (a plot of land in Littleborough with 82yrs remaining)

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