Frequently asked questions relating to Whaley Bridge Lease Extensions

  • I inherited a two bedroom first floor purpose built maisonette based in Whaley Bridge with a leasehold unexpired of 60 years. I am enquiring about how much I will need to spend to extend my lease term
  • Is it possible to talk with you about a flat in Whaley Bridge, I am considering buying at auction next week. The flat only has a few years outstanding 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 will be doing a refinance with TSB to release of equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1991 and since then the ground rent has been raised from £38.00 per annum to £100 per year.
  • My (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 am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy five years. What are my next steps?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Whaley Bridge. We have a fivety seven year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • Hello I am the freeholder interest in a 3 bedroom flat in Whaley Bridge. The leaseholder has a seventy five year lease and would like to purchase further 90 years. She is offering me £21,000 but I am unsure if this is too low an offer
  • My husband and I are acquiring a maisonette in Whaley Bridge which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a pre-completion search on the property title. The problem 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 lease title number is not known. Is it correct that we have to hold on until the new lease is registered?
  • I am planning on remortgaging my maisonette in Whaley Bridge and the mortgage company that I am looking to move to requires a minimum 80 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 76 years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • Do you handle lease extensions on land? (a plot of land in Whaley Bridge with 82yrs remaining)

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