Frequently asked questions relating to Stalybridge Lease Extensions

  • I want to acquire a leasehold property and extend the lease. The owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have a lease of 74 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • We acquired a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Stalybridge and are therefore thinking about the option of a vesting order. Is this something you can help us with?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Stalybridge and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Aldermore to free up equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has increased from £25.00 per annum to £125 per year.
  • What will I need to spend and what is the best way to start the lease extension process? I have nearon sixety three years outstanding on my lease on a studio flat in Stalybridge. I have emailed the managing agents who act on behalf of the head landlord and they provided me with the number of the valuer. I have contacted the valuer but I am not getting any returned calls.
  • I am a freeholder of a block of flats in Stalybridge, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds within a month or so. Are there any tax implications, the property is co-owned with my husband ?
  • Re a residence in Stalybridge. lower maisonette. seventy six yrs left. I have negotiated a lease extension price of £14k for 125yrs. Freeholder also requested Section 42 Notice which I think should not be necessary. Can you assist.
  • I have a freehold of a one bedroom flat in Stalybridge. The leaseholders have 78 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • I am the freeholder of a property in Stalybridge and a leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • Do you handle lease extensions on land? (a plot of land in Stalybridge with 82yrs remaining)
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Stalybridge