Examples of recent questions relating to Lease Extensions in Longton

  • I bought a studio flat in Longton that I am finding difficult to sell due to the lease needing a lease extension. How long will it take ?
  • Hi. I need someone to have a look at my lease extension before it's signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • We hope to sell our one bedroom apartment in Longton but we may require a lease extension, or at least cover the costs of our purchaser. Are you able to recommend someone to undertake the legal formalities?
  • We purchased a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Longton and are therefore thinking about the option of a vesting order. Is this something you can do for us?
  • I'm looking for a flat to buy in Longton and I'm not really familiar with the leasehold arrangement. I've identified a ground floor flat I like with a 90 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am a first time buyer of a leasehold flat in Longton. The lease has only sixety one years remaining and ground rent is £75. Is it possible for the current owner to serve the Initial Notice and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting 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 legal but will it be very time consuming to the current owner? To add to the complexity the landlord can not be found, so I am not sure how does it work.
  • My dad has a share of freehold, with two other leaseholders in a building in Longton. House divided into three flats. He has a lease, which has around 68 years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I'm living with my mum and dad but have a garden flat in Longton let out which has a fivety nine year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Longton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • We are buying a one bedroom apartment in Longton which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our lawyers to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must be patient pending registration of the new lease?
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    Lease Extensions in Longton

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