Lease Extensions in St Helens

Recently asked questions relating to St Helens Lease Extensions

I have a lease of fivety nine years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am the registered owner of a maisonette based in St Helens with a leasehold unexpired of 72 years. I am curious about how much I will need to spend to extend my leasehold

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 have a leasehold apartment in St Helens. I have built a huge extension and have not informed my freeholder. What should I do?

I am a FTB of a leasehold flat in St Helens. The lease has only seventy eight years outstanding and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I don't have to wait for the 2 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 achievable but will it be very time costly to the seller? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.

I am thinking about bidding for an auction property and identified a two bed flat in St Helens. It has just fifty-one year lease..the current owner being mortgagees in possession will not want the aggravation of negotiating a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of getting a mortgage with Leeds Building Society?

If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in St Helens

I own the freehold reversion of a property in St Helens where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this by £2,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in St Helens

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in St Helens