Filey Lease Extensions

Filey Lease Extensions Example Support Desk Enquiries

I inherited a flat in Filey with a leasehold unexpired approximately 77 years and need to extend it. Please can you advise me of the next steps

We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Filey and are therefore considering the option of a vesting order. Is this something you can do for us?

I am the owner of a purpose-built flat based in a small development in Filey. The leasehold interest in the apartment on a 101 year lease started on 21st March 1980 with a non-reviewable yearly rent of 20. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?

I am looking to extend the lease on my one bed flat in Filey I am looking for a local company to calculate the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.

I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Filey. I would be grateful if you can give me a call when you get a chance to discuss the case.

I'm living with my mum and dad but have a 2 bed flat in Filey let out which has a seventy three year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Filey for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?

If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

We are concerned about obtaining a lease extension from a difficult freeholder. Even though the correct procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £200 doubling every 25 years of the new lease. Can you assist?

I have 61 years remaining on my lease of a ground floor flat in Filey, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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

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