Questions and Answers: Macclesfield Lease Extensions

  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Macclesfield - I wanted to see if with your services it is possible for this to be extended?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety seven years balance left.
  • The terms for the lease on my apartment in Macclesfield are 99 years from 12 Sep 1990. Can you provide me a quote for a lease extension if I give you more information please?
  • I wondered if you could help me on how much it would financials and the optimum way to get a lease extension started? I have roughly 77 years remaining and I own a studio flat in Macclesfield.
  • I am concerned that my niece is being hoodwinked. She put in an offer on a garden flat in Macclesfield, where the lease is nearly 59 years but she was advised by the estate agents that the current owner had extended it to 125 years. She has now been told the vendor was waiting for her to instruct lawyers ahead of instigating the lease extension. Seems unscrupulous, also it will take a while to sort it all out. Am I being too sceptical?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I have a freehold of a 2 bedroom flat in Macclesfield. The leaseholders have 60 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I'm seeking some help concerning a lease extension on my flat. I'll be looking to do this in nine months time as we have 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 tribunal route. Can you recommend a good conveyancers who specialises in lease extensions. Preferably based in Macclesfield?
  • I know that others in the same block had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I am currently negotiating a lease extension for my flat in Macclesfield as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Macclesfield

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