Sample questions relating to The Hale Lease Extensions

  • My partner has a flat based in The Hale which we are about to put on the market. The leasehold has nearon 65 years residual lease term 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'm intending to make an offer on a house in The Hale but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Scotland giving us the mortgage now?
  • I am looking to either purchase the freehold or a lease extension of my property in The Hale and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Nottingham Building Society to free up equity. My broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1979 and since then the ground rent has increased from £15.00 per annum to £300 per year.
  • I'm looking for an apartment to buy in The Hale and I'm not really familiar with the leasehold arrangement. I've found a studio flat I like with a 87 years lease. I've read that I can get a lease extension after 2 years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am a landlord of a block of flats in The Hale, and the leaseholders are in the process of being granted lease extensions. I should hopefully get the money next month. As I am not on self assessment do I get in touch with the tax man ?
  • Regarding a property in The Hale. upper maisonette. seventy seven yrs left. I have negotiated a lease extension price of £14k for 135yrs. Landlord also requested Initial Notice which I think is a bit over the top. Can you assist.
  • We wish to extend our lease having owned the property for 2 years as of 21st April 2015. It has slightly less than sixety five years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy three years. I need a conveyancing practitioners at my end. Can you advise please? I live near The Hale and have a mortgage with Barclays .
  • We currently own a garden flat in The Hale 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 fivety five years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have 65 years remaining on my lease of a ground floor flat in The Hale, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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