Sample questions relating to Fulford Lease Extensions

  • I am looking to extend the lease on my one bedroom apartment in Fulford which will have sixety six years remaining in November. What fees apply?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 68 years unexpired.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Fulford, and my lease will reach 68 years this October. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I'm looking for a flat to purchase in Fulford and I'm not really familiar with the leasehold tenure. I've identified a one bedroom apartment I like with a 90 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with the mortgage?
  • What will I need to spend and what is the best way to start the lease extension process? I have about 77 years remaining on my lease on a three bed flat in Fulford. I have called the managing agents who act on behalf of the freeholder and they gave me the number of the surveyor. I have contacted the surveyor but I am not getting any calls back.
  • I am looking at bidding for an auction property and identified a one bed flat in Fulford. It only has a fifty year lease..the seller being mortgagees in possession will not want the aggravation of applying for a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and decreased chance of getting a mortgage with Virgin Money?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 73 years. I need a solicitors at my end. Can you advise please? I live near Fulford and have a mortgage with Leeds Building Society.
  • I am the freeholder of a Victorian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy seven years. What are my next steps?
  • My brother and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Fulford. We have a 67 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I own the freehold reversion of a property in Fulford and a leaseholder would like a lease extension. Her so called valuation expert has given a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My surveyor has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
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    Lease Extensions in Fulford

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