Rochdale Lease Extensions: Q and A’s

  • I am looking to buy a maisonette in Rochdale with a lease of 58 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Rochdale, and my lease will reach seventy three years this May. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • We are selling our garden flat in Rochdale but we may need to extend the lease, or possibly cover the costs of our buyers. Can you suggest someone to assist?
  • The terms for the lease on my flat in Rochdale are 95 years from 1 Jan 1989. Please supply me me a quote to extend the lease if I give you more specifics please?
  • I'm looking for a flat to purchase in Rochdale and I'm not really familiar with the leasehold tenure. I've found a one bed flat I like with a 90 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I would like some help on purchasing a leasehold residence. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Rochdale area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • My fiance and I are in the throws of buying a flat (a studio flat inRochdale with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years remaining. We found a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our conveyancing practitioners advised us the lease only has fivety eight years and thus requires a lease extension. Should we walk away, or should we reduce our offer?
  • I am currently in the process of refinancing my one bedroom apartment in Rochdale and the mortgage company that I am looking to move to requires a minimum 80 years remaining on the lease in order for them to take the mortgage forward. We currently have around fivety four years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • We have a one bedroom apartment in Rochdale with a lease of seventy nine years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
  • Other Topics

    Lease Extensions in Rochdale

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