Armthorpe Lease Extensions

Sample questions relating to Armthorpe Lease Extensions

My wife has a flat based in Armthorpe which we are about to put on the market. The leasehold has approximately sixety seven years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety seven years balance left.

We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 928 years unexpired so a lease extension is not required. 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 twenty years without owning the property. Any help would be much appreciated.

I have a lease of sixety one years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am looking into the costs of carrying out a lease extension for my garden flat in Armthorpe, and would like some figures on that.

My wife and I are considering buying a ground floor flat in Armthorpe which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 54 years. I need a at my end. Can you advise please? I live near Armthorpe and have a mortgage with Barclays Direct.

I'm living with my parents but have a one bedroom apartment in Armthorpe let out which has a 60 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 Armthorpe 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 13k. Should I keep or sell the flat?

Me and my husband have been in discussion with our freeholder after having a valuation on our 2 bed flat in Armthorpe. We have a 68 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she 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 the lease extension.

I know that others in the same block previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?

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