Oldham Lease Extensions

Oldham Lease Extensions: Q and A’s

I’m just looking for a ground floor flat to buy in the Oldham area and was enquiring what the likely fees would be for a lease extension? It has 54 years residual lease term...

I have got a leasehold flat in the Oldham area and was curious if I could get a lease extension. What are your processes and fees. There are 54 years left

I want to acquire a leasehold property and extend the lease. The vendor has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I am looking for a in Oldham and they need to be on the Alliance & Leicester approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?

I am looking to either purchase the freehold or a lease extension of my property in Oldham and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with HSBC Bank to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1981 and since then the ground rent has been raised from £38.00 per year to £300 per year.

I am a FTB of a leasehold flat in Oldham. The lease has only seventy six years balance left and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the two 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 is legal but will it be very time consuming to the flat owner? Unfortunately the landlord is absent, so I am not sure how this will play out.

My fiance and I would like to know the cost of a lease extension valuation for a property based in Oldham. Would you be able to help?

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?

My and my partner are concerned about getting a lease extension from a difficult freeholder. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £300 doubling every 25 years of the new term. Can you assist?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Oldham

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