FAQs concerning Middleton Lease Extensions

  • So this is the scenario: I acquired a ground floor flat in Middleton that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 72 years unexpired
  • I have been in touch with my freeholder to extend my lease for my flat in Middleton. His has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started November 1984.
  • I'm looking for a flat to purchase in Middleton and I'm not really familiar with the leasehold tenure. I've identified 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 caveats that would prevent me for getting a lease extension?
  • My flat in Middleton is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want a lease extension. How much will it likely cost to extend in this area by, say,45 years
  • I am in need of a lease extension for my flat in Middleton and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • 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?
  • I have a freehold of a one bedroom flat in Middleton. The leaseholders have 56 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I am currently negotiating a lease extension for my flat in Middleton 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 garden flat in Middleton

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Middleton