Lease Extensions in Elmswell

Questions and Answers: Elmswell Lease Extensions

20,000 agreed with the landlord’s agents, just trying to find a Elmswell for a lease extension. Our flat has around 68 yearsunexpired lease. Are you able to help us with this situation ?

I’m just looking for a garden flat to buy in the Elmswell area and was wondering how much would it cost for a lease extension? It has fivety nine years unexpired...

Hello, I am looking somewhere around or in Elmswell 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?

I want to purchase a leasehold property and extend the lease. The vendor has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

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 plan on buying a flat in Elmswell. My offer is subject to the lease extension. The vendor’s has given to the freeholder the Notice of Claim. 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 Lloyds TSB Bank. Moreover, which are the following lease extension steps to complete the purchase?

We are selling our studio flat in Elmswell but we may require a lease extension, or possibly cover the costs of our purchaser. Can you recommend a to assist?

I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 67 years. I need a at my end. Can you advise please? I live near Elmswell and have a mortgage with Barnsley Building Society.

I require an estimate to extend my aunt’s lease on a ground floor flat in Elmswell. She recently got a figure from the landlord for a lease extension but I am unclear whether it is reasonable.

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

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