Examples of recent questions relating to Lease Extensions in Boroughbridge

  • 40k agreed with the landlord’s agents, just trying to find a Boroughbridge for a lease extension. Our lease has nearon 62 yrsoutstanding. Are you willing to help us with this situation ?
  • I have just acquired a one bedroom apartment inBoroughbridge and I'm considering a lease extension as soon as I can e.g. in 24 months of ownership
  • I own a maisonette located in Boroughbridge with a leasehold unexpired of fivety four years. I am wondering about what I will need to spend to extend my leasehold
  • My mortgage provider requires several hundred pounds for their to agree a lease extension for my flat in Boroughbridge... I am unable to find any mention of this in my mortgage booklet... is this a normal charge?
  • Ref a residence in Boroughbridge. upper maisonette. 57 yrs left. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also insisted on Notice of Claim which I think should not be required. Advice required.
  • I intend to buy a one bed flat in Boroughbridge for asking price of 156k, which has sixety seven years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living with my mother and father but have a three bed flat in Boroughbridge let out which has a 74 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 Boroughbridge 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 21k. Not sure sure whether to hold on or sell the flat?
  • Coming up to two years that I have been in my maisonette in Boroughbridge. I have 78 years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
  • Hello I am the freeholder reversion in a 3 bedroom flat in Boroughbridge. The leaseholder has a seventy one year lease and would like to purchase another 125 years. He is offering me £21,000 but I am not sure if this is a correct amount
  • Are you able to provide an estimate to extend my mother’s lease on a studio flat in Boroughbridge. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too high.

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