Common questions relating to Rusholme Lease Extensions

  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 77 years remaining.
  • I have contacted my freeholder for a lease extension for my flat in Rusholme. His property lawyers has been in contact concerning fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1985.
  • I own a maisonette in Rusholme. I am looking for a lease extension on the property. It is approximately 80 years. I would just like to know what your charges are and how long the process takes.
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 78 years balance left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • We have a one bedroom flat in Rusholme. There is eighty years unexpired on the lease and we want a lease extension. How much will it likely cost to extend in this location by, say,45 years
  • Me and my partner are considering purchasing a garden flat in Rusholme which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • My husband and I had entered into buying a garden flat in Rusholme. I was advised that the lease had been extended (72 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no money to extend as a result the current owner intends to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that Lloyds TSB Bank won't lend on a lease?
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Rusholme. Would you be able to help?
  • I'm living with my parents but have a ground floor flat in Rusholme let out which has a 56 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Rusholme for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • Just been over 2 years that I have owned my garden flat in Rusholme. I have 72 years outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
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    Lease Extensions in Rusholme

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