FAQs concerning Baildon Lease Extensions

  • Hi, I am looking somewhere around or in Baildon 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the the process
  • I am a FTB of a leasehold flat in Baildon. The lease has just 75 years left and ground rent is £75. Is it possible for the vendor to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year qualifying 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 costly to the vendor? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.
  • My mortgage lender is requesting a £600 fee for their to approve the lease extension deed for my flat in Baildon... I am unable to find any mention of this in my mortgage guide... is this a usual fee to pay?
  • I am a freeholder of a block of flats in Baildon, and the tenants are in the process of being issued lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I write to the Inland Revenue ?
  • I am considering buying an auction property and found a studio flat in Baildon. It has just 41 year lease..the current owner as mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the expensive fee to put a new lease on it and reduced chance of getting a mortgage with The Mortgage Works?
  • Offer accepted on a a one bedroom apartment in Baildon, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as eighty years.We are soon to exchange contracts within a week. My query is Is it not odd that my didn't spot this far earlier than just before exchange?
  • I would like some guidance on purchasing a leasehold residence. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy 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 let the property?
  • I have 54 years remaining on my lease of a ground floor flat in Baildon, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • We have a three bed flat in Baildon with a lease of sixety seven years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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