Maghull Lease Extensions

Questions and Answers: Maghull Lease Extensions

I have a lease of 63 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

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 bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Maghull and looking to do a vesting order. Is this something you can do for us?

I'm looking for an apartment to purchase in Maghull and I'm not really familiar with the leasehold title. I've identified a three bedroom second floor purpose built flat I like with a 90 years lease. My research reveals that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?

I am concerned that my niece is being hoodwinked. She put in an offer on a ground floor flat in Maghull, where the lease is approximately 68 years but she was informed by the estate agents that the owner had extended it to 125 years. She has now been told the owner was waiting for her to retain conveyancers prior to commencing with the lease extension. Seems unscrupulous, also it will take time to sort it all out. Am I being too sceptical?

My apartment in Maghull is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. What does it cost on average to get a lease extension by, say,thirty years

I an interested in finding out more about leasehold property buying. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Maghull area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?

My fiance and I would like to know the cost of a lease extension valuation for a property based in Maghull. Is this something you can assist us with?

If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

I have a lease of 69 years remaining on my flat in Maghull. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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