Sample questions relating to Seascale and Sellafield Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want to extend their leases and I'm wondering about the the process
  • I am thinking about buying an auction property and found a one bed flat in Seascale and Sellafield. It only has a fifty-one year lease..the current owner as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of getting a mortgage with National Westminster Bank?
  • We have a residential flat in Seascale and Sellafield with seventy eight years left. Last year we were quoted a deal to grant a lease extension for another fifty years but also increase ground rent from notional to £200 per annum..plus a premium I think of about 9k. Finally we have decided to move forward but do we now have to renegotiate?
  • I own a share of the freehold. There are three apartments in the block. All the leaseholders are now requiring lease extensions. How long will take to get a lease extension?
  • Me and my sister have owned a leasehold flat for approximately twenty years. It now has 55 years remaining on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I'm living at mother and father but have a one bedroom apartment in Seascale and Sellafield let out which has a seventy two 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 Seascale and Sellafield 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?
  • We are acquiring a one bed flat in Seascale and Sellafield which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must be patient until the lease extension has actually been registered before completing.?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Seascale and Sellafield
  • Do you handle lease extensions on land? (a plot of land in Seascale and Sellafield with 82yrs remaining)
  • I have a lease of sixety nine years remaining on my flat in Seascale and Sellafield. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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