Stalybridge Lease Extensions

Sample questions relating to Stalybridge Lease Extensions

I have an interest in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the procedure for this

My wife has an apartment located in Stalybridge which we have just put on the market. The leasehold has just over fivety four years remaining 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? Many thanks.

I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Stalybridge - I wanted to see if with your services it is possible for this to be extended?

I will soon view a two bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy one years residual lease term on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?

I own a share of the freehold. There are five apartments in the building. All the leaseholders are now seeking lease extensions. Are you able to help us with this situation?

My fiance and I had entered into buying a three bedroom second floor purpose built flat in Stalybridge. I was assured that the lease had been extended (seventy three years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that the lease has not been extended. The vendor apparently has a quote but no funds to extend as a result the vendor wishes to exchange and use the 10% deposit for the lease extension. My question is why has this only just been brought to my attention by my ?

I'm living with my parents but have a ground floor flat in Stalybridge let out which has a sixety six 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 Stalybridge 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 19k. Should I keep or sell the flat?

I have a freehold of a three bedroom flat in Stalybridge. The leaseholders have 54 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?

I own the freehold reversion of a property in Stalybridge where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer 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 handle the matter myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?

We currently own a one bedroom apartment in Stalybridge and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 77 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?

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