Examples of recent questions relating to Lease Extensions in Westhoughton

  • My partner has a flat located in Westhoughton which we have just put on the market. The leasehold has slightly less than fivety five years balance 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 in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 54 years outstanding.
  • I acquired a maisonette located in Westhoughton with a leasehold unexpired of 61 years. I am wondering about what it will cost me to extend my leasehold
  • I am going to purchase a flat based in Westhoughton. My offer is subject to the lease extension. The owner’s lawyers 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 Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
  • Is it possible to talk with you about a flat in Westhoughton, I am considering bidding at auction next week. The flat only has a few years left and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • My wife and I have a first floor flat in Westhoughton with fivety six years to run. Ten months ago we were quoted a deal to receive a lease extension for another thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 10k. Finally we have decided to move forward but do we now have to renegotiate?
  • My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm living with my mum and dad but have a garden flat in Westhoughton let out which has a 78 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 Westhoughton 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 13k. Should I keep or sell the flat?
  • I require an estimate to extend my mother’s lease on a garden flat in Westhoughton. She recently got a price from the landlord for a lease extension but I am not sure it is too expensive.
  • I have 74 years remaining on my lease of a ground floor flat in Westhoughton, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Westhoughton

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