Recently asked questions relating to Lydiate Lease Extensions

  • My name´s Tommy. I’m property hunting in Lydiate I'm deliberating offering on a maisonette online, with approximately seventy six years left, how much does it cost on average to get a lease extension by, say, fifty years?
  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Lydiate - I wanted to see if with your services it is possible for this to be extended?
  • I have been in touch with my freeholder for a lease extension for my flat in Lydiate. Her has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1990.
  • I'm planning on buying a garden flat (leasehold) but the freeholder has been absent for approximately 15yrs. My question is would it be less expensive to try to acquire the freehold or to get a lease extension and apply for right to manage?
  • My nephew has a share of freehold, with two other leaseholders in a building in Lydiate. House converted into three apartments. He has a lease, which has about seventy nine years left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am the freeholder of a 1930’s property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety nine years. What are my next steps?
  • I'm living with my parents but have a one bedroom apartment in Lydiate let out which has a 63 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 Lydiate 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 13k. Should I keep or sell the flat?
  • I'm hoping for some assistance concerning extending the lease on my apartment. The intention is to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently in the process of refinancing my two bedroom ground floor purpose built maisonette in Lydiate and the next lender that I am looking to move to needs a minimum 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around 67 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Lydiate. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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