Common questions relating to Walton Le Dale Lease Extensions

  • Hello, I stumbled upon this website. I'm seeking prices on what it cost to extend a lease of a ground floor flat in Walton Le Dale. It's on the market at the moment but has approximately 61 years left on the lease
  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Walton Le Dale - I wanted to see if with your services it is possible for this to be extended?
  • I'm planning to make an offer on a house in Walton Le Dale 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 Santander giving us the mortgage now?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 54 years unexpired.
  • I am about to put an offer in on a two bedroom second floor purpose built flat in Walton Le Dale with a lease of fivety seven years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I plan on buying a flat based in Walton Le Dale. The offer is subject to the lease extension. The current owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Chelsea Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my flat in Walton Le Dale are 95 years from 14 Sep 1989. Please supply me me a quote for a lease extension if I give you more specifics please?
  • I am a first time buyer of a leasehold flat in Walton Le Dale. The lease has just seventy one years residual lease term and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the 2 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 may be possible but will it be very time costly to the vendor? Unfortunately it’s the case of an absent freeholder, so I am not sure how does it work.
  • I own the freehold of a one bedroom flat in Walton Le Dale. The leaseholders have 77 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • My wife and I are hoping to acquire a flat (a maisonette based inWalton Le Dale with share of freehold). During our search, we were always looking at apartments that had at least 84 years unexpired. We identified a flat we fell in love with and the estate agent promised us that the lease term was not an issue. Yesterday our told us the lease only has 68 years and thus requires a lease extension. Should we run away, or should we negotiate our offer?

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