Sample questions relating to Morecambe Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety four years residual lease term.
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years unexpired so a lease extension is not required. 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 the house being ours. Any help would be much appreciated.
  • Hi. I need a to have a look at my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • I own a maisonnette together with the freehold. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I'm planning on buying a maisonette (leasehold) but the landlord has been missing for circa 15yrs. My question is would it be less expensive to try to purchase the freehold or to get a lease extension and apply for RTM?
  • I'm looking for a flat to buy in Morecambe and I'm not really familiar with the leasehold title. I've identified a garden flat I like with a 91 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • I am considering bidding for an auction property and found a studio flat in Morecambe. It has just 50 year lease..the vendor being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with The Royal Bank of Scotland?
  • My flat in Morecambe is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,35 years
  • I am the freeholder of a Victorian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 67 years. What are my next steps?
  • I have a lease of sixety four years remaining on my flat in Morecambe. 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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