Common questions relating to Headingley Lease Extensions

  • I own a flat in Headingley with a leasehold unexpired slightly less than fivety nine years and need a lease extension. Please can you clarify the next steps
  • I have shares in the freehold of buildings comprising of six flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this
  • I have been in touch with my freeholder to extend my lease for my flat in Headingley. Her conveyancers has been in contact regarding charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started July 1994.
  • The terms for the lease on my apartment in Headingley are 101 years from 14 Jan 1989. Please supply me me a quote for a lease extension if I give you more details please?
  • We bought a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Headingley and looking to do a vesting order. Is this something you can help us with?
  • I am looking to either purchase the freehold or a lease extension of my property in Headingley and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Barnsley Building Society to free up equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease commenced in 1991 and since then the ground rent has been raised from £25.00 per year to £200 per annum.
  • I'm looking for an apartment to buy in Headingley and I'm not really familiar with the leasehold concept. I've found a studio flat I like with a 82 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • If somebody owns a flat with a lease of less than 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 in the throws of buying a home (a maisonette based inHeadingley with share of freehold). During our search, we were always looking at flats that had a minimum eighty five years left. We found a flat we liked and the selling agent promised us that the lease was long albeit not specifying a number. This morning our conveyancers informed us the lease only has fivety five years and thus requires a lease extension. Should 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 have a studio flat in Headingley with a lease of sixety six years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Headingley

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