FAQs concerning Callerton Lease Extensions

  • I’m about to offer on a ground floor flat to buy in the Callerton area and was curious how much would it cost to extend a lease? It has sixety nine years left...
  • Do you only do lease extensions in Callerton? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a conveyancers.
  • I am looking to either purchase the freehold or a lease extension of my property in Callerton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Leeds Building Society to release of equity. My adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1991 and since then the ground rent has increased from £25.00 per annum to £200 per year.
  • I'm looking for an apartment to purchase in Callerton and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom first floor purpose built flat I like with a 90 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender The Royal Bank of Scotland?
  • I would like to know how much it would financials and the optimum way to start the lease extension process? I have circa sixety three years outstanding and I own a one bedroom apartment in Callerton.
  • Ref a leasehold in Callerton. lower maisonette. 60 yrs remaining. I have negotiated a lease extension price of £12,000 for 115yrs. Landlord also insisted on Notice of Claim which I think is a bit over the top. Advice required.
  • I am hoping to extend the lease on my garden flat in Callerton I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 76 years. I need a property lawyers at my end. Can you advise please? I live near Callerton and have a mortgage with Barnsley Building Society.
  • We know that others in the same building previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Would you recommend such a course of action?
  • I have a lease of 77 years remaining on my flat in Callerton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Callerton

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