Essington Lease Extensions: Q and A’s

  • I’m about to offer on a one bedroom apartment to buy in the Essington area and was after more information on what the likely fees would be for a lease extension? It has seventy four years unexpired...
  • I bought a flat in Essington with a leasehold unexpired about sixety three years and need to extend it. Please can you advise me of the next steps
  • I need to negotiate a lease extension for a flat in Essington and want to use a local . Is there a that you can recommend?
  • I am looking to either purchase the freehold or a lease extension of my property in Essington and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Barnsley Building Society to free up equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease commenced in 1972 and since then the ground rent has been raised from £15.00 per annum to £300 per annum.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I would like some advice on leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Essington area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • My son has a share of freehold, with two other leaseholders in a building in Essington. House split into three apartments. He has a lease, which has about 55 yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • We have been in discussion with our freeholder after having a valuation on our 2 bed flat in Essington. We have a fivety six year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Essington
  • I have a lease of seventy seven years remaining on my flat in Essington. 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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