Ramsbottom Lease Extensions: Q and A’s

  • My partner has a flat in Ramsbottom which we are about to put on the market. The leasehold has just over 79 years left on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • I bought a one bedroom apartment in Ramsbottom with a leasehold unexpired of 72 years. I am enquiring about what I will need to spend to extend my leasehold
  • I purchased a three bed flat in Ramsbottom. The start date for the lease was in 2001 for 99 years. Now I am wanting for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • I am about to view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 78 years residual lease term on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • Me and my wife are considering buying a ground floor flat in Ramsbottom which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I am looking to extend the lease on my garden flat in Ramsbottom I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Edwardian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 58 years. What are my next steps?
  • I own the freehold of a three bedroom flat in Ramsbottom. The leaseholders have 68 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I am the freeholder of a property in Ramsbottom where the leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • We have a one bedroom ground floor purpose built maisonette in Ramsbottom with a lease of 58 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Ramsbottom

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