Helmsley Lease Extensions

Helmsley Lease Extensions: Q and A’s

I need to negotiate a lease extension for a flat in Helmsley and want to use a local . Are you able to help me find a ?

I want to buy a leasehold property and extend the lease. The owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.

I would like to have my residential flat leasehold extension premium assessed. The flat is in Helmsley, and my lease will reach seventy five years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I'm looking for a flat to buy in Helmsley and I'm not really familiar with the leasehold arrangement. I've found a studio flat I like with a 90 years lease. I've read that I can apply for a lease extension after a couple of years, but:- Is this a given?

I am about to view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 77 years outstanding on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?

I am a FTB of a leasehold flat in Helmsley. The lease has just seventy five years left and ground rent is £95. Is it possible for the vendor to serve the Notice of Claim and then transfer over the right to me as the buyer 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 consuming to the homeowner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how this will play out.

I am a landlord of a block of flats in Helmsley, and the lessees are in the process of being issued lease extensions. I anticipate receiving the money within a month or so. As I am not on self assessment do I get in touch with the tax authorities ?

Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Helmsley for a two bed flat - sec 42 is already in place?

I am the freeholder of a property in Helmsley where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?

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