Frequently asked questions relating to Prescot and Knowlsey Lease Extensions

  • I’m about to offer on a maisonette to purchase in the Prescot and Knowlsey area and was wondering how much would it cost for a lease extension? It has seventy nine years left...
  • I am looking for a lease extension on the lease on my studio flat in Prescot and Knowlsey which will have sixety five years unexpired lease in June. What fees apply?
  • I'm intending to make an offer on a house in Prescot and Knowlsey but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect HSBC Bank giving us the mortgage now?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy eight years balance left.
  • I bought a ground floor flat in Prescot and Knowlsey. The lease commenced in 1997 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • I am a landlord of a block of flats in Prescot and Knowlsey, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving the money within a month or so. As I am not on self assessment do I write to the Inland Revenue ?
  • Just been over two years that I have owned my three bedroom first floor purpose built flat in Prescot and Knowlsey. I have 58 years left on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Prescot and Knowlsey based conveyancing practitioners or any will do fine?
  • Me and my wife have been in discussion with our freeholder after having a valuation on our ground floor flat in Prescot and Knowlsey. We have a fivety eight year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I am concerned about getting a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the landlord still attempted to charge ground rent of £300 increasing by 100% every 25 years of the new term. Can you help?
  • We have a garden flat in Prescot and Knowlsey with a lease of 77 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
  • Other Topics

    Lease Extensions in Prescot and Knowlsey

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