Frequently asked questions relating to Romiley Lease Extensions

  • 40k agreed with the landlord’s agents, just seeking to find a Romiley for a lease extension. Our lease has just under seventy six yearsunexpired lease. Can you please help us with this situation ?
  • My name´s Harrison. I’m house hunting in Romiley I'm seeing a garden flat online, with approximately 64 years remaining, how much will it likely cost to extend in this area by, say, 25 years?
  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 55 years outstanding
  • Hi. I need someone to have a look at my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Romiley and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Santander to free up equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease began in 1991 and since then the ground rent has been raised from £15.00 per annum to £100 per annum.
  • I am a FTB of a leasehold flat in Romiley. The lease has just seventy years unexpired and ground rent is £75. Is it possible for the homeowner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I have a flat in Romiley with seventy seven years remaining on the lease. I need a to act for me to get a lease extension. Can you help?
  • Me and my partner are hoping to purchase a home (a garden flat inRomiley with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years left on the lease. We identified a apartment we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. This morning our advised us the lease only has 63 years and thus needs a lease extension. Should we run away, or should 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?
  • We have a garden flat in Romiley with a lease of 62 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Romiley