Top Ten Questions relating to Poulton Le Fylde Lease Extensions

  • I’m about to offer on a three bedroom ground floor purpose built maisonette to buy in the Poulton Le Fylde area and was wondering how much would it cost for a lease extension? It has 56 years as a balance left...
  • I own a garden flat located in Poulton Le Fylde with a leasehold unexpired of seventy four years. I am curious about what it will cost me to extend my leasehold
  • Is it possible to talk with you about an apartment in Poulton Le Fylde, I am considering bidding at auction in the next few days. The flat only has a few years left and I was wondering about how much it would cost to get a lease extension and for your services.
  • I am considering whether to purchase the freehold or a lease extension of my property in Poulton Le Fylde and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Aldermore to free up equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease started in 1972 and since then the ground rent has been raised from £25.00 per year to £300 per annum.
  • I'm looking for an apartment to purchase in Poulton Le Fylde and I'm not really familiar with the leasehold title. I've identified a garden flat I like with a 87 years lease. My research reveals that I can apply for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Lloyds TSB Bank?
  • I am considering buying an auction property and identified a studio flat in Poulton Le Fylde. It has just 50 year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and decreased chance of obtaining a mortgage with Accord Mortgages Ltd?
  • Me and my OH are buying a one bedroom apartment in Poulton Le Fylde which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must wait until the lease extension has actually been registered before completing.?
  • We have a ground floor flat in Poulton Le Fylde with a lease of 65 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
  • I have a lease of seventy nine years remaining on my flat in Poulton Le Fylde. 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?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Poulton Le Fylde. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good who specialises in lease extensions?

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