Frequently asked questions relating to Whaley Bridge Lease Extensions

  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 60 years left.
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
  • Is it possible to talk with you about an apartment in Whaley Bridge, I am thinking of buying at auction next week. The flat only has a few years remaining and I am curious about what it would cost to get a lease extension and for your services.
  • I am looking to either purchase the freehold or a lease extension of my property in Whaley Bridge and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Clydesdale to release of equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has increased from £38.00 per annum to £125 per year.
  • I am a freeholder of a block of flats in Whaley Bridge, and the lessees are in the process of being granted lease extensions. I should hopefully get the money next week. How does the tax work, the property is in joint names with my husband ?
  • I own a share of the freehold. There are four flats in the block. All the leaseholders are now requiring lease extensions. What's your legal fee?
  • I am hoping to extend the lease on my one bed flat in Whaley Bridge I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm intent on purchasing a flat in Whaley Bridge valued at £256,000 the flat has approximately seventy four years left on the lease. My offer was conditional upon the lease being renewed... .. that was back in June, hoping I'd have moved in before Christmas. The owner has just informed me that they are prepared to reduce the price by£2k if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Whaley Bridge for a three bed flat - section 42 is already served?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Whaley Bridge
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    Lease Extensions in Whaley Bridge

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Whaley Bridge