Lydiate and Melling Lease Extensions: Q and A’s

  • I am the registered owner of a flat in Lydiate and Melling with a leasehold unexpired slightly more than fivety four years and need to extend it. Please can you advise me of the next steps
  • I am about to put an offer in on a three bed flat in Lydiate and Melling with a lease of 75 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • My partner and I have a one bedroom flat based in Lydiate and Melling. There is 80 years remaining on the lease and we want to extend the lease. What does it cost on average to get a lease extension by, say,fifty years
  • I would like some guidance on leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Lydiate and Melling area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 64 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Lydiate and Melling and have a mortgage with Santander.
  • I'm living with my mother and father but have a one bed flat in Lydiate and Melling let out which has a 74 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 and Melling 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?
  • My fiance and I are acquiring a garden flat in Lydiate and Melling which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. 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 lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must be patient pending registration of the new lease?
  • My OH and I are in the throws of buying a property (a three bedroom first floor purpose built flat inLydiate and Melling with share of freehold). During our search, we were always looking at flats that had a minimum eighty five years left on the lease. We came across a place we fell in love with and the estate agent assured that the lease term was not an issue. This morning our property lawyers told us the lease only has fivety four years and therefore requires a lease extension. Do we walk away, or do we negotiate our offer?
  • My and my fiance are worried about seeking a lease extension from tricky freeholder. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £200 increasing by 100% every twenty five years of the new term. Can you help?
  • Are you able to provide an estimate to extend my mum’s lease on a ground floor flat in Lydiate and Melling. She recently got a price from the freeholder for a lease extension but I am unclear whether it is too high.
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    Lease Extensions in Lydiate and Melling

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