Top Ten Questions relating to Headingley Lease Extensions

  • I'm planning to make an offer on a house in Headingley but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nottingham Building Society giving us the mortgage now?
  • I invested in buying a two bedroom first floor purpose built maisonette in Headingley with a leasehold unexpired of 75 years. I am curious about how much it will cost me to extend my lease term
  • I am about to put an offer in on a two bedroom ground floor purpose built maisonette in Headingley with a lease of 60 years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • My neighbours and I are in a building consisting of five flats in Headingley and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Possibly made a mistake, I am seeking a property lawyers in Headingley who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me 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 plan to simultaneously get a new mortgage with National Westminster Bank to free up equity. The broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease started in 1972 and since then the ground rent has increased from £38.00 per year to £125 per year.
  • I am a first time buyer of a leasehold flat in Headingley. The lease has just sixety six years balance left and ground rent is £50. Is it possible for the seller to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the seller? Unfortunately the freeholder is absent, so I am not sure how does it work.
  • My and my partner know that others in the same building had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation charges. Would you suggest such a course of action?
  • We currently own a three bedroom second floor purpose built maisonette in Headingley 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 seventy seven years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord 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 ground floor flat in Headingley
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    Lease Extensions in Headingley

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