Helmsley Lease Extensions: Q and A’s

  • My OH agreed with the head landlord to a lease extension on our flat based in Helmsley, 15.5k for an additional 90yrs. Can you please assist us with this situation ?
  • I’ve just acquired a 2 bed apartment based inHelmsley and I'm thinking about extending the lease as soon as I can e.g. after 24 months of ownership
  • I have shares in the freehold of buildings comprising of seven flats each. Two of the leaseholders want a lease extension and I'm wondering about the procedure for this
  • I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Helmsley - I wanted to see if with your services this could be extended?
  • I need to negotiate a lease extension for a flat in Helmsley and want to use a local conveyancing practitioners. Is there a conveyancing practitioners that you can recommend?
  • I need to talk to you about a leasehold property in Helmsley, I am considering buying at auction next month. The flat only has a few years remaining and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • Last year I purchased a leasehold flat in Helmsley. I have built a big extension and have not informed the leaseholder. What should I do?
  • I'm looking for a flat to buy in Helmsley and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 91 years lease. My research reveals that I can go for a lease extension having owned the property for 2 years, but:- Is this a given?
  • I'm living with my mum and dad but have a one bedroom apartment in Helmsley let out which has a 62 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 Helmsley 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?
  • Just been over two years that I have owned my garden flat in Helmsley. I have 57 years outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • Other Topics

    Lease Extensions in Helmsley

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