Hambleton Lease Extensions

Sample questions relating to Hambleton Lease Extensions

My wife has a flat based in Hambleton which we have just put on the market. The leasehold has around 78 years left on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Many thanks.

I have a lease of 67 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I have been in touch with my freeholder for a lease extension for my flat in Hambleton. His has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started May 1986.

I'm thinking of purchasing a three bed flat (leasehold) but the landlord has been absent for nearon 15yrs. My question is would it be less expensive to try to purchase the reversionary title or to get a lease extension and apply for right to manage?

I'm looking for an apartment to purchase in Hambleton and I'm not really familiar with the leasehold arrangement. I've found a garden flat I like with a 87 years lease. I've read that I can apply for a lease extension after 2 years, but:- Is this a given?

What will it cost me and what is the best way to get a lease extension started? I have around fivety five years left on my lease on a studio flat in Hambleton. I have contacted the managing agents who represent the landlord and they gave me the number for the surveyor. I telephone the surveyor but I am not receiving any calls back.

My brother has a share of freehold, with two other leaseholders in a building in Hambleton. House converted into three flats. He has a lease, which has nearly seventy five years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

I'm living with my parents but have a 2 bed flat in Hambleton let out which has a sixety six year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Hambleton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?

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 freeholder of a property in Hambleton where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has put forward a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?

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