Recently asked questions relating to Great Ayton Lease Extensions

  • My name´s Theo. I’m flat hunting in Great Ayton I'm seeing a garden flat online, with nearon fivety eight years left, how much does it cost on average to get a lease extension by, say, 25 years?
  • I’m just looking for a studio flat to purchase in the Great Ayton area and was wondering what the likely fees would be for a lease extension? It has sixety two years unexpired...
  • I inherited a flat in Great Ayton with a leasehold unexpired just under 60 years and need to extend it. Please can you advise me of the next stages
  • I'm wanting to make an offer on a house in Great Ayton but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect National Westminster Bank giving us the mortgage now?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety three years balance left.
  • What will it cost me and what is the best way to get a lease extension started? I have just under 72 years outstanding on my lease on a ground floor flat in Great Ayton. I have emailed the managing agents who represent the landlord and they gave me the number for the surveyor. I left a phone message for the valuer but I am not getting any returned calls.
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She submitted an offer on a maisonette in Great Ayton, where the lease is around 66 years but she was informed by the selling agents that the current owner had extended it to 125 years. She has now been advised the seller was holding off for her to appoint conveyancers prior to commencing with the lease extension. Sounds underhand, also it will take a while to sort it all out. Am I being too sceptical?
  • Offer accepted on a a one bedroom apartment in Great Ayton, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are soon to exchange contracts in a couple of days. My query is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • 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 am worried about getting a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £250 doubling every 25 years of the new term. Can you help?

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