Sample questions relating to Bramley Lease Extensions

  • I purchased a ground floor flat in Bramley that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?
  • My wife has a flat in Bramley which we have just put on the market. The leasehold has about 59 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I plan on buying a flat located in Bramley. The offer is subject to the lease extension. The flat owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am thinking about acquiring an auction property and found a studio flat in Bramley. It only has a 49 year lease..the seller as mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this except for the expensive fee to extend the lease and reduced chance of obtaining a mortgage with HSBC Bank?
  • My partner and I have a one bedroom flat in Bramley. There is eighty years left on the lease and we want to extend the lease. What does it cost on average to extend in this location by, say,thirty years
  • Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Bramley. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
  • I'm intent on buying an apartment in Bramley valued at £210,000 the flat has approaching seventy eight years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in September, hoping I'd be in by Christmas. The owner has just come back saying they are willing to reduce the price by£7k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • My partner and I are hoping to buy a home (a one bedroom apartment based inBramley with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 84 years remaining. We identified a flat we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our advised us the lease only has sixety two years and therefore needs a lease extension. Do we run away, or should we negotiate our offer?
  • My and my husband know that others in the same building previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest such a course of action?
  • We have a garden flat in Bramley with a lease of fivety six years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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