Questions and Answers: Bessacarr Lease Extensions

  • I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the procedure for this
  • I have got a leasehold flat in the Bessacarr area and was enquiring if I could obtain a lease extension. What are your processes and fees. There are fivety four years residual lease term
  • We purchased a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Bessacarr and are therefore thinking about the option of a vesting order. Is this something you can do for us?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Bessacarr and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with National Westminster Bank to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1981 and since then the ground rent has been raised from £38.00 per year to £200 per annum.
  • I am concerned that my daughter is being hoodwinked. She put in an offer on a garden flat in Bessacarr, where the lease is nearon 68 years but she was informed by the estate agents that the owner had extended it to 125 years. Only now has she been informed the homeowner was waiting for her to retain solicitors prior to commencing with the lease extension. Sounds unscrupulous, also it may take months to sort it all out. What do you think?
  • My mortgage lender is requesting a £450 fee for their conveyancers for a "deed of substituted security" for the lease extension for my flat in Bessacarr... I am unable to find any mention of this in my mortgage contract... is this a usual charge?
  • My brother has a share of freehold, with two other leaseholders in a building in Bessacarr. House split into three flats. He has a lease, which has approximately sixety seven years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am the freeholder of a Edwardian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety four years. What are my next steps?
  • Just a quick question, how much are the legal fees for a lease extension on a residential property in Bessacarr for a two bed flat - sec 42 having been issued?
  • I'm looking for some advice with regard to a lease extension on my three bed flat in Bessacarr. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Bessacarr

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