Recently asked questions relating to Felling and Pelaw Lease Extensions

  • I’m just looking for a a property to purchase in the Felling and Pelaw area and was wondering what the likely fees would be to extend a lease? It has 69 years unexpired...
  • I am looking for a lease extension on the lease on my two bedroom first floor purpose built flat in Felling and Pelaw which will have sixety five years outstanding in September. What fees do you charge for this?
  • I am the registered owner of a ground floor flat in Felling and Pelaw. The lease commenced in 1998 for 99 years. Now I am wanting for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat based in Felling and Pelaw. The offer is subject to the lease extension. The flat owner’s conveyancing practitioners 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 Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm deliberating over purchasing a garden flat (leasehold) but the landlord has been absent for roughly 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to extend lease and apply for right to manage?
  • I'm looking for an apartment to purchase in Felling and Pelaw and I'm not really familiar with the leasehold arrangement. I've found a studio flat I like with a 82 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am considering buying an auction property and came upon a studio flat in Felling and Pelaw. It only has a 48 year lease..the current owner being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Leeds Building Society?
  • We have a first floor flat in Felling and Pelaw with 62 years unexpired. Ten months ago we were quoted a deal to have a lease extension for another 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 9k. We have now decided to proceed but do we now have to renegotiate?
  • I would like some advice on purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Felling and Pelaw area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I'm seeking some help concerning extending the lease on my apartment. The intention is to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Felling and Pelaw

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Felling and Pelaw