FAQs concerning Longton Lease Extensions

  • My OH and I are thinking about a lease extension for our apartment in Longton and we are confused by the communication that we got from our freehold company. Are you able to help us with this situation?
  • I inherited a property in Longton and it has roughly 68 years balance left. I'd like to extend the lease period
  • I need to extend my existing lease can you assist? I think it has 73 years remaining
  • Think I may have made an error, I am seeking a in Longton who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • I am about to view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy six years unexpired on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • I have a share of the freehold. There are three flats in the block. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy eight years. What are my next steps?
  • I am currently negotiating a lease extension for my flat in Longton 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?
  • I have a lease of fivety five years remaining on my flat in Longton. 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?

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