Guiseley Lease Extension - Your Legal Fees Calculator
Guiseley Lease Extensions: Q and A’s
I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm wondering about the procedure for this
I invested in buying a property in Guiseley and it has nearon 76 years residual lease term. I'd like to arrange a lease extension by twenty years
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I invested in buying a garden flat in Guiseley. The lease started in 1997 for 99 years. Now I am looking to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
We bought a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Guiseley and looking to do a vesting order. Is this something you can handle for us?
I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 69 years balance left on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
Offer accepted on a a three bed flat in Guiseley, 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 85 years.Contracts were due to be exchanged within a week. My query is Is it not odd that my solicitors didn't pick this up far earlier than just before exchange?
I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety six years. What are my next steps?
We know that others in the same building had already had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Would you recommend such a course of action?
We currently own a garden flat in Guiseley and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 64 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?