Lease Extensions in Todmorden

Todmorden Lease Extensions: Q and A’s

I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the the process

My partner has a flat in Todmorden which we have just put on the market. The leasehold has around seventy eight years left 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 interested in getting a lease extension for a flat in Todmorden and want to use a local . Are you able to help me find a ?

Hi. I need a to have a look at my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.

I own a maisonette in Todmorden. I am looking for a lease extension on the property. It is slightly less than eighty one years. I would just like to know what your charges are and how long it would take for completion.

I am concerned that my niece is being hoodwinked. She submitted an offer on a maisonette in Todmorden, where the lease is approximately sixety six years but she was told by the estate agents that the vendor had extended it to 125 years. She has now been advised the owner was holding off for her to appoint lawyers before commencing with the lease extension. Seems devious, also it could take a while to sort it all out. What do you think?

Regarding a property in Todmorden. lower maisonette. seventy four yrs left. I have an agreed lease extension to £20k for 115yrs. Freeholder also requested Notice of Claim which I think is a bit over the top. Advice required.

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?

My husband and I are in the throws of buying a flat (a garden flat located inTodmorden with share of freehold). Throughout our search, we were always looking at apartments that had a minimum ninety years outstanding. We identified a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our told us the lease only has 68 years and therefore requires a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

My mum is aware that others in the same building had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?

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