FAQs concerning Worsley Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm curious about the the process
  • I'm intending to make an offer on a house in Worsley 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 Platform Home Loans Ltd giving us the mortgage now?
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years residual lease term so a lease extension is not a worry. 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 the house being ours. Any suggestions would be much appreciated.
  • I am looking for a in Worsley and they need to be on the Nottingham Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Are you able to recommend a ?
  • 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?
  • In 2010 I purchased a leasehold apartment in Worsley. I have built a big extension and have not informed my leaseholder. What should I do?
  • I am a freeholder of a block of flats in Worsley, and the tenants are in the process of being issued lease extensions. I should hopefully get funds next month. As I am not on self assessment do I write to HMRC ?
  • Offer accepted on a a garden flat in Worsley, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are about to exchange contracts in a couple of days. My question is Should I tell the seller that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Worsley. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Worsley

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