Grimsby Lease Extensions: Q and A’s

  • I’m about to offer on a garden flat to purchase in the Grimsby area and was curious how much would it cost to extend a lease? It has 70 years remaining...
  • My wife has a flat located in Grimsby which we have just put on the market. The leasehold has just under 69 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I am the registered owner of a property in Grimsby and it has roughly sixety eight years outstanding. I'd like to extend the lease period
  • I am looking for a lease extension on the lease on my garden flat in Grimsby which will have sixety two years unexpired lease in June. What fees apply?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 57 years left.
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy three years. I need a conveyancing practitioners at my end. Can you advise please? I live near Grimsby and have a mortgage with Virgin Money.
  • I have a freehold of a three bedroom flat in Grimsby. The leaseholders have 57 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • Me and my fiance are in the throws of buying a property (a maisonette based inGrimsby with share of freehold). During our search, we were always looking at properties that had a minimum 84 years left. We identified a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our lawyers advised us the lease only has 73 years and thus requires a lease extension. Do we run away, or do we negotiate our offer?
  • I am currently negotiating a lease extension for my flat in Grimsby 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?
  • Do you handle lease extensions on land? (a plot of land in Grimsby with 82yrs remaining)
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    Lease Extensions in Grimsby

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