Examples of recent questions relating to Lease Extensions in Marple Bridge

  • I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this
  • I am looking for a solicitors in Marple Bridge and they should be on the Halifax approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a solicitors ?
  • I am looking to purchase a studio flat in Marple Bridge with a lease of sixety four years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Marple Bridge and are therefore deliberating the option of a vesting order. Is this something you can handle for us?
  • My mortgage lender requires several hundred pounds for their conveyancing practitioners to approve the lease extension deed for my flat in Marple Bridge... I can find no mention of this in my mortgage literature... is this a standard fee to pay?
  • I intend to buy a one bed flat in Marple Bridge for asking price of 145k, which has 72 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm living at parents but have a ground floor flat in Marple Bridge let out which has a 69 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 Marple Bridge 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 19k. Not sure sure whether to hold on or sell the flat?
  • I am currently negotiating a lease extension for my flat in Marple Bridge 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?
  • Do you handle lease extensions on land? (a plot of land in Marple Bridge with 82yrs remaining)
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    Lease Extensions in Marple Bridge

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