Common questions relating to Whaley Bridge Lease Extensions

  • My name´s Eliot. I’m flat hunting in Whaley Bridge I'm deliberating offering on a one bedroom apartment online, with about 64 years outstanding, how much will it likely cost to extend in this area by, say, twenty years?
  • I'm wanting to make an offer on a house in Whaley Bridge 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?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am going to purchase a flat in Whaley Bridge. My offer is conditional upon a lease extension. The seller’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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my flat in Whaley Bridge are 99 years from 1 Jan 1989. Can you supply me me a quote for a lease extension if I give you more information please?
  • How much will it cost me and what is the best way to get a lease extension started? I have about 62 years unexpired lease on my lease on a garden flat in Whaley Bridge. I have contacted the managing agents who represent the head landlord and they provided me with the number for the valuer. I left a phone message for the valuer but I am not getting any calls back.
  • My father has a share of freehold, with two other leaseholders in a building in Whaley Bridge. House split into three flats. He has a lease, which has just over 55 yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • Me and my wife are are hoping to complete on a one bedroom ground floor purpose built flat in Whaley Bridge which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must hold on until the lease extension has actually been registered before completing.?
  • I have seventy six years remaining on my lease of a ground floor flat in Whaley Bridge, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • We have a garden flat in Whaley Bridge with a lease of seventy four years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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