Top Ten Questions relating to Lytham St Annes Lease Extensions

  • My partner has a flat based in Lytham St Annes which we have just put on the market. The leasehold has approximately fivety nine years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • My co-lessees and I are in a building comprising four flats in Lytham St Annes and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • My husband and I have a residential flat in Lytham St Annes with 78 years remaining. Ten months ago we were quoted a deal to receive a lease extension for another 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of about 10k. We have now decided to move forward but do we now have to renegotiate?
  • Offer accepted on a a maisonette in Lytham St Annes, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged within a week. My query is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • Me and my OH have owned a leasehold flat for about eighteen years. It now has 75 years remaining on the lease. Following a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy years. What are my next steps?
  • I am the freeholder of a property in Lytham St Annes where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has suggested a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
  • I'm seeking some help concerning extending the lease on my flat. I'll be looking to do this in nine 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 LVT 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 have 56 years remaining on my lease of a ground floor flat in Lytham St Annes, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We have a one bedroom apartment in Lytham St Annes with a lease of sixety one years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Lytham St Annes

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