Recently asked questions relating to Morley Lease Extensions

  • My name´s Eli. I’m property hunting in Morley I'm considering offering on a ground floor flat online, with around 58 years outstanding, how much will it likely cost to extend in this area by, say, 35 years?
  • I purchased a three bed flat in Morley. The lease started in 2001 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat based in Morley. My offer is conditional upon a lease extension. The current owner’s solicitors has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our one bedroom apartment in Morley but we may need to extend the lease, or at least cover the costs of our purchaser. Can you recommend someone to handle this?
  • Possibly made an error, I am actually looking for a lawyers in Morley who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • I am a first time buyer of a leasehold flat in Morley. The lease has only fivety nine years unexpired and ground rent is £75. Is it possible for the homeowner to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I don't have to wait for the 2 year requisite 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 costly to the vendor? To add to the complexity it’s the case of an missing landlord, so I am not sure how this will play out.
  • My husband and I have a residential flat in Morley with sixety six years unexpired. Last year we were quoted a deal to grant a lease extension for a further fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 9k. We have now decided to move forward but do we now have to start the negotiations again?
  • We would like to know the cost of a lease extension valuation for a property based in Morley. Is this something you can help us with?
  • I own the freehold reversion of a property in Morley where the leaseholder has requested a lease extension. Her valuer has provided a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My valuer has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • I have a lease of seventy four years remaining on my flat in Morley. 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?
  • Other Topics

    Lease Extensions in Morley

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