Frequently asked questions relating to Hedon Lease Extensions

  • 35k agreed with the landlord, just seeking to find a Hedon for a lease extension. Our lease has just under fivety seven yearsoutstanding. How long will this take ?
  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the the process
  • I am looking to buy a studio flat in Hedon with a lease of sixety eight years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • We are selling our studio flat in Hedon but we may need to extend the lease, or possibly cover the expense of our buyers. Can you suggest someone to help us?
  • My father has a share of freehold, with two other leaseholders in a building in Hedon. House split into three flats. He has a lease, which has just under 79 years outstanding. 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 mother and father but have a one bed flat in Hedon let out which has a fivety seven 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 Hedon 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 19k. Not sure sure whether to hold on or sell the flat?
  • My OH and I have been in discussion with our freeholder after having a valuation on our garden flat in Hedon. We have a 55 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Hedon
  • Hello I am the freeholder reversion in a one bedroom flat in Hedon. The leaseholder has a seventy two year lease and would like to purchase another 125 years. She is offering me £27,000 but I am not sure if this is too low an offer
  • I am worried about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the landlord still tried to charge ground rent of £250 increasing by 100% every 25 years of the new term. Can you assist?

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