Frequently asked questions relating to Rochdale Lease Extensions

  • I am looking for lease extension for our ground floor flat located in Rochdale and we don't fully comprehend the communication that we received from our landlord company. Are you able to help us with this situation?
  • I need to negotiate a lease extension for a flat in Rochdale and want to use a local . Are you able to help me find a ?
  • I'm about to make an offer on a house in Rochdale 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 Bank of Ireland giving us the mortgage now?
  • I am looking for a in Rochdale and they need to be on the Leeds Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?
  • Just a quick question, how much are the legal fees for a lease extension on a residential property in Rochdale for a two bed flat - section 42 having been issued?
  • Me and my sister are hoping to acquire a home (a maisonette located inRochdale with share of freehold). Throughout our search, we were always looking at properties that had at least 84 years remaining. We came across a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has 54 years and therefore requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I am the freeholder of a property in Rochdale and a leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I require an estimate to extend my mum’s lease on a one bed flat in Rochdale. She already has a price from the landlord for a lease extension but I am unclear whether it is reasonable.
  • We currently own a garden flat in Rochdale and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety eight years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Rochdale as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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