Lease Extensions in Whalley

Whalley Lease Extensions: Q and A’s

I own a garden flat in Whalley that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?

I need to extend my current lease can you help me with that? I think it has 64 years residual lease term

I am interested in getting a lease extension for a flat in Whalley and want to use a local . Is there a that you can recommend?

I inherited a garden flat in Whalley. The start date for the lease was in 2001 for 99 years. Now I am wanting for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

I am a first time buyer of a leasehold flat in Whalley. The lease has only 78 years balance left and ground rent is £25. Is it possible for the flat owner to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the vendor? Unfortunately the freeholder can not be found, so I am not sure how does it work.

I am looking to buy a one bed flat in Whalley for asking price of 156k, which has fivety seven years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I'm living with my mum and dad but have a ground floor flat in Whalley let out which has a sixety two 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 Whalley 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 21k. Not sure sure whether to hold on or sell the flat?

I note that your website states the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my maisonette in Whalley

Are you able to provide an estimate to extend my mum’s lease on a ground floor flat in Whalley. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too high.

I have a lease of 78 years remaining on my flat in Whalley. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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