FAQs concerning Silverdale Lease Extensions

  • I am looking to extend the lease on my garden flat in Silverdale which will have sixety three years outstanding in September. What fees apply?
  • I am interested in getting a lease extension for a flat in Silverdale and want to use a local conveyancers. Are you able to help me find a lawyers?
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years residual lease term so a lease extension is not a worry. 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 feedback would be much appreciated.
  • Hi. I need a conveyancers to review my lease extension ahead of it being completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • 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?
  • I plan on buying a flat located in Silverdale. My offer is conditional upon a lease extension. The homeowner’s conveyancing practitioners has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our studio flat in Silverdale but we may require a lease extension, or at least cover the costs of our buyers. Can you help me find someone to handle this?
  • I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for circa 15yrs. My query is would it be less expensive to try to buy the reversionary title or to get a lease extension and apply for right to manage?
  • The terms for the lease on my flat in Silverdale are 99 years from 1 Feb 1988. Please provide me a quote to extend the lease if I give you more information please?
  • My husband and I have a leasehold flat in Silverdale with sixety eight years unexpired. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 14k. Finally we have decided to go ahead but do we now have to renegotiate?
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    Lease Extensions in Silverdale

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