Sample questions relating to Southport Lease Extensions

  • My name´s Nathaniel. I’m flat hunting in Southport I'm seeing a 2 bed flat online, with slightly more fivety five years left, how much does it cost on average to extend in this area by, say, fifty years?
  • I’m about to offer on a three bed flat to buy in the Southport area and was enquiring what the likely fees would be for a lease extension? It has seventy four years left...
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not a concern. 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 true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.
  • I have contacted my freeholder to extend my lease for my flat in Southport. His has been in contact with costs 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 November 1992.
  • We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Southport and looking to do a vesting order. Is this something you can do for us?
  • I will soon view a one bedroom maisonette, although not exactly my ideal 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 seventy eight years unexpired on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • Regarding a leasehold in Southport. GFF maisonette. seventy three yrs unexpired. I have an agreed lease extension to £12,000 for 125yrs. Freeholder also requested Initial Notice which I think is a tad over the top. Advice required.
  • I'm living at mum and dad but have a three bed flat in Southport let out which has a seventy eight 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 Southport 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 21k. Should I keep or sell the flat?
  • I have a flat in Southport with 61 years unexpired on the lease. I need a to help me get a lease extension. Can you assist?
  • My colleague knows that others in the same building previously had a lease extension, and the landlord seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation fees. Is this advisable?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Southport