Questions and Answers: Baildon Lease Extensions

  • We agreed with the landlord to a lease extension on our flat located in Baildon, 13k for another 90yrs. How long will it take ?
  • I invested in buying a one bedroom second floor purpose built flat in Baildon that I am finding difficult to sell due to the lease requiring a lease extension. How long will it take ?
  • My name´s Nathan. I’m property hunting in Baildon I'm seeing a ground floor flat online, with roughly 72 years remaining, how much will it likely cost to get a lease extension by, say, fifty years?
  • Hello. I need someone to have a look at my lease extension ahead of it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
  • I am the owner of a maisonnette together with the freehold title. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I'm considering purchasing a garden flat (leasehold) but the freeholder has been absent for slightly less than 15yrs. My query is would it be cheaper to try to acquire the freehold or to get a lease extension and apply for right to manage?
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Baildon area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Baildon. I live in the top flat. I was reviewing the title deeds last night when I noticed that my flat has a lease on it. There is seventy one years balance left. Is it possible to do a lease extension without instructing a solicitors?
  • I am currently negotiating a lease extension for my flat in Baildon as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Baildon

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