Lease Extensions in Rusholme

Frequently asked questions relating to Rusholme Lease Extensions

We have just acquired a two bedroom first floor purpose built maisonette located inRusholme and I'm considering a lease extension as soon as I can e.g. in two years

I bought a maisonette in Rusholme that I am finding difficult to sell as a result of the lease requiring a lease extension. Are you willing to help me with this situation ?

I have a lease of 54 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I purchased a garden flat in Rusholme. The start date for the lease was in 1998 for 99 years. Now I am looking for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?

We hope to sell our studio flat in Rusholme but we may need a lease extension, or possibly cover the expense of our buyers. Are you able to suggest a to help us?

I am thinking about whether to purchase the freehold or a lease extension of my property in Rusholme and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Barnsley Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per year to £125 per year.

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I am looking to buy a one bed flat in Rusholme for asking price of 145k, which has 67 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

My husband has a share of freehold, with two other leaseholders in a building in Rusholme. House split into three apartments. He has a lease, which has just over fivety eight years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

Coming up to 2 years that I have owned my ground floor flat in Rusholme. I have seventy six years unexpired lease on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Rusholme based or any will do fine?

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