Frequently asked questions relating to Driffield Lease Extensions

  • I acquired a studio flat in Driffield that I now cannot sell as a result of the lease requiring a lease extension. What's your solicitors fee ?
  • Hi, I stumbled upon your site. I'm looking for prices on what a lease extension will cost for a three bed flat located in Driffield. It's up for sale at the moment but has nearly sixety five years of unexpired leasehold
  • I inherited a garden flat in Driffield. The lease commenced in 1992 for 99 years. Now I am wanting for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • I am looking to either purchase the freehold or a lease extension of my property in Driffield and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Coventry Building Society to free up equity. My broker handling 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 been raised from £15.00 per year to £100 per annum.
  • I am a first time buyer of a leasehold flat in Driffield. The lease has only 71 years balance left and ground rent is £95. Is it possible for the homeowner to serve the Section 42 Notice and then transfer this right to me as the purchaser on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the seller? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
  • I do not need a lease extension but I do require a vesting order on a property I want to buy in Driffield. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my maisonette in Driffield
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Driffield for a two bed flat - section 42 is already in place?
  • We are hoping to purchase a home (a maisonette inDriffield with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years left on the lease. We found a flat we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our told us the lease only has sixety eight years and thus requires a lease extension. Should we walk away, or should we reduce our offer?
  • Do you handle lease extensions on land? (a plot of land in Driffield with 82yrs remaining)

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