Questions and Answers: Melling Lease Extensions

  • My partner has an apartment based in Melling which we are about to put on the market. The leasehold has slightly more than 57 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 77 years balance left.
  • I'm looking for an apartment to purchase in Melling and I'm not really familiar with the leasehold concept. I've found a garden flat I like with a 87 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?
  • My (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?
  • My wife and I have owned a leasehold flat for approximately twenty years. It now has 63 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome advice.
  • I am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety five years. What are my next steps?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my three bed flat in Melling
  • My wife and I are worried about obtaining a lease extension from tricky freeholder. Even though the legal procedures were followed under the appropriate legislation, the landlord still attempted to get ground rent of £250 increasing by 100% every twenty five years of the new term. Can you assist?
  • I am currently negotiating a lease extension for my flat in Melling 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Melling

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