Common questions relating to Lymm and Warburton Lease Extensions

  • We agreed with the freeholder to a lease extension on our flat located in Lymm and Warburton, 15.5k for an extension by 90yrs. How long will it take ?
  • My name´s Max. I’m flat hunting in Lymm and Warburton I'm thinking about offering on a 2 bed flat online, with approximately seventy years remaining, how much does it cost on average to extend in this location by, say, 45 years?
  • I own a flat in Lymm and Warburton with a leasehold unexpired slightly more than 66 years and need a lease extension. Please can you advise me of the next stages
  • 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?
  • I am a first time buyer of a leasehold flat in Lymm and Warburton. The lease has only seventy years unexpired and ground rent is £50. Is it possible for the seller 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 two 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 achievable but will it be very time consuming to the seller? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • We wish to extend our lease having owned the property for two years as of 22nd March 2016. It has slightly less than sixety years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as is reasonably achievable.
  • I intend to buy a one bed flat in Lymm and Warburton for asking price of 156k, which has 72 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I do not need a lease extension but I do need a vesting order on a property I want to buy in Lymm and Warburton. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
  • Just a quick one, how much are the legal fees for a lease extension on a residential property in Lymm and Warburton for a two bed flat - section 42 is already served?
  • I'm seeking some advice with regard to a lease extension on my apartment. The intention is to do this sometime next year as we need to 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 LVT 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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