FAQs concerning Conisbrough Lease Extensions

  • I have just bought a one bedroom apartment inConisbrough and I'm thinking about extending the lease as soon as possible e.g. after a couple of years
  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want to extend their leases and I'm curious about the the process
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has sixety years balance left
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have contacted my freeholder for a lease extension for my flat in Conisbrough. His has been in contact concerning charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started April 1984.
  • I plan on buying a flat in Conisbrough. My offer is subject to the lease extension. The vendor’s has served 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 Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my studio flat in Conisbrough, and would like some figures on that.
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost including vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my three bed flat in Conisbrough
  • We are in the throws of buying a flat (a one bedroom apartment based inConisbrough with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years left on the lease. We came across a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has 59 years and therefore requires a lease extension. Do we walk away, or do we reduce our offer?
  • My wife and I are aware 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 base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?

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