Seascale and Sellafield Lease Extensions: Q and A’s

  • I am interested in getting a lease extension for a flat in Seascale and Sellafield and want to use a local . Is there a that you can recommend?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.
  • 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?
  • We are considering buying a one bedroom second floor purpose built maisonette in Seascale and Sellafield which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • Offer accepted on a a three bed flat in Seascale and Sellafield, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 82 years.We are about to exchange contracts within a week. My question is Is it not odd that my didn't spot this far earlier than just before exchange?
  • Me and my partner are hoping to purchase a property (a ground floor flat located inSeascale and Sellafield with share of freehold). Throughout our search, we were always looking at flats that had a minimum 84 years left on the lease. We came across a place we fell in love with and the estate agent promised us that the lease term was not an issue. Today our advised us the lease only has seventy two years and therefore requires a lease extension. Do we walk away, or do 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?
  • My wife and I are worried about getting a lease extension from a difficult landlord. Regardless of the fact that the correct procedures were adhered to under the 1993 Act, the freeholder still tried to get ground rent of £300 increasing by 100% every twenty five years of the new lease. Can you assist?
  • We know that others in the same block had already had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend such a course of action?
  • I am currently negotiating a lease extension for my flat in Seascale and Sellafield as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Seascale and Sellafield

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