Lymm and Warburton Lease Extensions Example Support Desk Enquiries

  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Lymm and Warburton, and my lease will reach 72 years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I plan on buying a flat in Lymm and Warburton. My offer is conditional upon a lease extension. The seller’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Santander. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my GFF in Lymm and Warburton, and would like some figures on that.
  • I am looking at buying an auction property and came upon a one bed flat in Lymm and Warburton. It only has a 49 year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Norwich and Peterborough Building Society?
  • My nephew has a share of freehold, with two other leaseholders in a building in Lymm and Warburton. House converted into three apartments. He has a lease, which has circa 58 years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Lymm and Warburton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the garden area.
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost including vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Lymm and Warburton
  • Hi I own the freehold reversion in a 3 bedroom flat in Lymm and Warburton. The leaseholder has a 64 year lease and would like to purchase further 125 years. He is offering me £18,000 but I am unsure if this is too low an offer
  • I know that others in the same building previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend such a course of action?

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