Hawes Lease Extensions

Hawes Lease Extensions: Q and A’s

I purchased a studio flat in Hawes. The lease started in 1992 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

We are selling our garden flat in Hawes but we may need a lease extension, or at least cover the costs of our purchaser. Are you able to suggest a to help us?

I'm planning on purchasing a three bed flat (leasehold) but the landlord has been absent for around 15yrs. My question is would it be cheaper to try to acquire the freehold or to extend lease and apply for right to manage?

I purchased a garden flat in Hawes. I am looking for a lease extension on the property. It is just under eighty one years. I would just like to know what your charges are and how long it would take for completion.

I am looking to either purchase the freehold or a lease extension of my property in Hawes and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with National Westminster Bank to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1979 and since then the ground rent has been raised from £38.00 per annum to £300 per annum.

Last year I purchased a leasehold apartment in Hawes. I have built a huge extension and have not informed the freeholder. What are my options?

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 extending the lease?

We are hoping to acquire a home (a studio flat based inHawes with share of freehold). Throughout our search, we were always looking at apartments that had a minimum ninety years remaining. We found a apartment we fell in love with and the selling agent assured that the lease term was not an issue. Yesterday our told us the lease only has 63 years and thus requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

We currently own a ground floor flat in Hawes 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 sixety three 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. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Hawes

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