Macclesfield Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Macclesfield Lease Extensions
I own a flat in Macclesfield with a leasehold unexpired slightly less than seventy five years and need to extend it. Please can you clarify the next stages
I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy nine years left.
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?
We acquired a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Macclesfield and are therefore considering the option of a vesting order. Is this something you can do for us?
My husband and I have owned a leasehold flat for approximately fifteen years. It now has seventy three years unexpired lease on the lease. After a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
I'm living at mum and dad but have a garden flat in Macclesfield let out which has a fivety nine 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 Macclesfield 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. Not sure sure whether to hold on or sell the flat?
Hi I own the freehold interest in a 3 bedroom flat in Macclesfield. The leaseholder has a fivety six year lease and would like to purchase another 125 years. He is offering me £18,000 but I am not sure if this is in the right ballpark
We are are hoping to complete on a one bedroom second floor purpose built maisonette in Macclesfield which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our solicitors 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 is not known. Is it right that we must wait until the new lease is registered?
I'm seeking some advice concerning extending the lease on my flat. I'll be looking 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. Can you recommend a good conveyancing practitioners with expertise in lease extensions. Ideally nearby in Macclesfield?
My and my partner are worried about getting a lease extension from tricky landlord. Regardless of the fact that the correct procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £250 increasing by 100% every 25 years of the new term. Can you assist?