Guiseley Lease Extensions: Q and A’s

  • I invested in buying a property in Guiseley and it has around 64 years remaining. I'd like to extend the lease period
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any feedback would be much appreciated.
  • The terms for the lease on my apartment in Guiseley are 95 years from 10 Jan 1988. Please provide me a quote for a lease extension if I give you more specifics please?
  • Are you able to advise on how much it would financials and the best way to get a lease extension started? I have just over 56 years remaining and I own a maisonette in Guiseley.
  • My flat in Guiseley is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want a lease extension. What does it cost on average to get a lease extension by, say,ninety years
  • I am the owner of a purpose-built apartment in a large block in Guiseley. The leasehold interest in the flat on a ninety five year lease which commenced on 30th August 1969 with a fixed ground rent of £10 per annum. I wish to obtain a lease extension. Can I call someone to go through my options please?
  • If somebody owns a flat with a lease of under 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 doing it?
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Guiseley. I occupy in the top flat. I was reviewing the land registry documents recently when I noticed that my flat is leasehold. There is sixety one years outstanding. Can one do a lease extension without using a ?
  • My colleague is worried about obtaining a lease extension from tricky freeholder. Notwithstanding that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 doubling every twenty years of the new lease. Can you assist?
  • I am currently in the process of refinancing my garden flat in Guiseley and the next lender that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 64 years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
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