Top Ten Questions relating to Morley Lease Extensions

  • My name´s Nathan. I’m flat hunting in Morley I'm thinking about offering on a three bed flat online, with about seventy two years outstanding, how much will it likely cost to get a lease extension by, say, 35 years?
  • I own a property in Morley and it has circa fivety seven years balance left. I'd like to arrange a lease extension by twenty years
  • I need to negotiate a lease extension for a flat in Morley and want to use a local conveyancing practitioners. Are you able to help me find a property lawyers?
  • We bought a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Morley and looking to do a vesting order. Is this something you can handle for us?
  • In 2010 I purchased a leasehold flat in Morley. I have built a large extension and have not informed the leaseholder. What should I do?
  • I am a first time buyer of a leasehold flat in Morley. The lease has only 65 years balance left and ground rent is £75. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the current owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how does it work.
  • If somebody 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'm seeking some assistance concerning extending the lease on my maisonette. I'll be looking to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently negotiating a lease extension for my flat in Morley 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 Morley with 82yrs remaining)
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    Lease Extensions in Morley

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