Rochdale Lease Extensions

Recently asked questions relating to Rochdale Lease Extensions

I am considering investing in a second home but it has a lease that expires in 14 years. Its in Rochdale - I wanted to see if with your services this could be extended?

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 am looking into the costs of carrying out a lease extension for my studio flat in Rochdale, and would like some figures on that.

I inherited a garden flat in Rochdale. I am looking for a lease extension on the property. It is approximately eighty one years. I would just like to know what your charges are and how long it would take for completion.

Is it possible to talk with you about a leasehold property in Rochdale, I am considering buying at auction in the next few days. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.

I am deliberating whether to purchase the freehold or a lease extension of my property in Rochdale and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Nationwide Building Society to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease began in 1979 and since then the ground rent has been raised from £38.00 per annum to £125 per year.

I am about to view a two bedroom apartment, although not exactly my dream 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 seventy two years left on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

My husband and I have a first floor flat in Rochdale with 56 years left. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also increase ground rent from notional to a little more..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

We have owned a leasehold flat for around eighteen years. There are 70 years remaining on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.

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