Lease Extensions in Boroughbridge

Recently asked questions relating to Boroughbridge Lease Extensions

I bought a flat in Boroughbridge with a leasehold unexpired just under 56 years and need to extend it. Please can you advise me of the next steps

Hello, I just randomly found your website. I'm looking for prices on what it cost to extend a lease of a garden flat located in Boroughbridge. It's on sale at the moment but has just over 77 years of unexpired leasehold

Hello. I need someone to review my lease extension ahead of it being signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small variations.

I am looking to buy a one bedroom apartment in Boroughbridge with a lease of 63 years but have no idea how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I am about to view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 76 years unexpired on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?

My mortgage lender requires several hundred pounds for their to approve the lease extension deed for my flat in Boroughbridge... I am unable to find any mention of this in my mortgage booklet... is this a standard cost that they charge?

I am hoping to extend the lease on my garden flat in Boroughbridge I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

I'm living at parents but have a ground floor flat in Boroughbridge let out which has a 65 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 13k. Should I keep or sell the flat?

I am currently negotiating a lease extension for my flat in Boroughbridge 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Boroughbridge

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