Common questions relating to Standish Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm enquiring about the the process
  • I own a leasehold flat in the Standish area and was enquiring whether I could get a lease extension. What are your processes and fees. There are fivety six years balance left
  • I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has seventy one years left
  • I'm planning on buying a one bedroom second floor purpose built maisonette (leasehold) but the freeholder has been absent for approximately 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for RTM?
  • I'm looking for a flat to buy in Standish and I'm not really familiar with the leasehold arrangement. I've found a three bed flat I like with a 87 years lease. I've read that I can go for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Nationwide Building Society?
  • I am a FTB of a leasehold flat in Standish. The lease has only sixety four years outstanding and ground rent is £75. Is it possible for the flat owner to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying 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 current owner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
  • I am looking to buy a one bed flat in Standish for asking price of 125k, which has sixety three years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Standish. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Hi I am the freeholder reversion in a one bedroom flat in Standish. The leaseholder has a 61 year lease and would like to purchase further 90 years. He is offering me £18,000 but I am not sure if this is in the right ballpark
  • I have 62 years remaining on my lease of a ground floor flat in Standish, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
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    Lease Extensions in Standish

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