Madeley Lease Extensions: Q and A’s

  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not a concern. 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 owning the property. Any guidance would be much appreciated.
  • I have a lease of 73 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • Hi. I need someone to review my lease extension before it's signed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • I own a ground floor flat based in Madeley with a leasehold unexpired of 69 years. I am wondering about what it will cost me to extend my lease term
  • I am concerned that my daughter might be having the wool pulled over her eyes. She put in an offer on a one bedroom apartment in Madeley, where the lease is nearon 54 years but she was told by the selling agents that the flat owner had extended it to 99 years. She has now been advised the owner was holding off for her to retain lawyers prior to commencing with the lease extension. Sounds underhand, also it may take time to sort it all out. Am I reading too much into it?
  • Re a property in Madeley. GFF maisonette. seventy two yrs unexpired. I have negotiated a lease extension price of £20k for 115yrs. Landlord also requested Notice of Claim which I think is a bit over the top. Can you assist.
  • My fiance and I would like to know the cost of a lease extension valuation for a property based in Madeley. Is this something you can help us with?
  • I do not need a lease extension but I do need a vesting order on a property I want to acquire in Madeley. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the garden area.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my three bedroom ground floor purpose built flat in Madeley
  • I'm seeking some assistance concerning extending the lease 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 tribunal route. Do 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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