Recently asked questions relating to Lydiate Lease Extensions

  • So this is the scenario: I am the registered owner of a garden flat in Lydiate that I am now unable to sell due to the lease requiring a lease extension. Are you willing to help me with this situation ?
  • I have an interest in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the procedure for this
  • I need to extend my current lease can you help me with that? I think it has 78 years residual lease term
  • We hope to sell our two bedroom second floor purpose built flat in Lydiate but we may need to extend the lease, or possibly cover the expense of our buyers. Are you able to help me find a lawyers to undertake the legal formalities?
  • I am a landlord of a block of flats in Lydiate, and the leaseholders are in the process of being given lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I get in touch with HMRC ?
  • I am seeking advice as I am interested in a property that has only a 64 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm living with my mum and dad but have a maisonette in Lydiate let out which has a 59 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 19k. Should I keep or sell the flat?
  • I am the registered freeholder to two flats. Someone has the lease on the lower flat in Lydiate. I live in the top flat. I was reviewing the land registry documents recently when I noticed that my flat is leasehold. There is fivety six years residual lease term. Is it possible to carry out a lease extension without instructing a property lawyers?
  • I own the freehold reversion of a property in Lydiate and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this to £10,000 without too much effort. My surveyor has put forward a much higher amount. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
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    Lease Extensions in Lydiate

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