Sample questions relating to Shotton Lease Extensions

  • I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want to extend their leases and I'm wondering about the procedure for this
  • My wife has a flat located in Shotton which we have just put on the market. The leasehold has about 75 years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Shotton - I wanted to see if with your services it is possible for this to be extended?
  • I am a first time buyer of a leasehold flat in Shotton. The lease has just 55 years left and ground rent is £50. Is it possible for the seller to serve the Section 42 Notice and then assign over the right to me as the purchaser on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately the landlord can not be found, so I am not sure how this will play out.
  • We have a residential flat in Shotton with 56 years remaining. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to £300 per annum..plus a premium I think of approximately 16k. We have now decided to proceed but do we now have to renegotiate?
  • My flat in Shotton is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. What will it likely cost to extend in this area by, say,thirty years
  • We are looking to extend our lease. We will have been in the flat for 2 years as of 22nd Jan 2016. It has circa 77 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.
  • My father has a share of freehold, with two other leaseholders in a building in Shotton. House divided into three flats. He has a lease, which has about seventy three years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • We are hoping to acquire a home (a garden flat based inShotton with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years left. We identified a place we fell in love with and the estate agent assured that the lease term was not an issue. Yesterday our conveyancing practitioners advised us the lease only has fivety five years and thus 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?
  • I have a lease of seventy five years remaining on my flat in Shotton. 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?
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    Lease Extensions in Shotton

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