Lease Extensions in Brigg

Frequently asked questions relating to Brigg Lease Extensions

I’m just looking for a a property to buy in the Brigg area and was curious what the likely fees would be to extend a lease? It has sixety four years outstanding...

I have got a leasehold flat in the Brigg area and was enquiring if I could obtain a lease extension. What are your processes and fees. Has 65 years residual lease term

My wife and I have a ground floor flat in Brigg with 72 years left. Last year we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from notional to £250 per annum..plus a premium I think of approximately 10k. We have now decided to proceed but do we now have to renegotiate?

I intend to buy a one bed flat in Brigg for asking price of 156k, which has fivety four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I am planning to extend the lease on my maisonette in Brigg I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.

I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety four years. I need a at my end. Can you advise please? I live near Brigg and have a mortgage with Yorkshire Building Society.

I am the freeholder of a Georgian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 77 years. What are my next steps?

We are hoping to acquire a flat (a two bedroom first floor purpose built maisonette based inBrigg with share of freehold). During our search, we were always looking at flats that had a minimum eighty five years unexpired. We came across a place we liked and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has sixety eight years and thus requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

My mother is worried about getting a lease extension from tricky landlord. Notwithstanding that the correct procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £200 increasing by 100% every 25 years of the new lease. Can you help?

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

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