Frequently asked questions relating to Royton Lease Extensions

  • I'm planning to make an offer on a house in Royton 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 Barnsley Building Society giving us the mortgage now?
  • I am the owner of a maisonnette together with the freehold reversion. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I acquired a studio flat in Royton. The start date for the lease was in 1998 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?
  • Think I may have made an error, I am seeking a in Royton who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I'm looking for a flat to purchase in Royton and I'm not really familiar with the leasehold tenure. I've found a three bedroom first floor purpose built flat I like with a 87 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with the mortgage?
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Royton, where the lease is just over sixety six years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been told the homeowner was holding off for her to appoint solicitors ahead of instigating the lease extension. Sounds devious, also it may take time to sort it all out. Am I reading too much into it?
  • My OH and I are proceeding with a purchase of a ground floor flat in Royton. I was informed that the lease had been extended (64 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The flat owner supposedly has a quote but no funds to extend as a result the homeowner intends to exchange and use the 10% deposit for the lease extension. My question is is it not odd that my failed to spot this far earlier than just before exchange?
  • My husband and I would like to know the cost of a lease extension valuation for a property based in Royton. Is this something you can help us with?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Royton for a three bed flat - sec 42 having been issued?
  • My OH and I are hoping to buy a home (a one bedroom apartment located inRoyton with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years left on the lease. We identified a flat we liked and the selling agent assured that the lease term was not an issue. Yesterday our advised us the lease only has seventy years and thus requires a lease extension. Should we run away, or should we reduce our offer?

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