Hoyland Lease Extensions: Q and A’s

  • We agreed with the freeholder to a lease extension on our flat in Hoyland, 20k for a further 90yrs. How long is the process ?
  • My wife and I have just purchased a maisonette located inHoyland and I'm thinking about extending the lease as soon as I can e.g. in two years
  • My name´s Daniel. I’m flat hunting in Hoyland I'm seeing a maisonette online, with nearon fivety four years left, how much does it cost on average to get a lease extension by, say, twenty years?
  • I am considering whether to purchase the freehold or a lease extension of my property in Hoyland and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Barclays to release of equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease began in 1981 and since then the ground rent has increased from £25.00 per year to £100 per annum.
  • My dad has a share of freehold, with two other leaseholders in a building in Hoyland. House split into three apartments. He has a lease, which has around fivety four years left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Hoyland. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Hoyland. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the garden area.
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Hoyland. I occupy in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat has a lease on it. There is sixety one years outstanding. If I want a lease extension then would I just be paying for the costs?
  • Are you able to provide an estimate to extend my mother’s lease on a garden flat in Hoyland. She recently got a price from the landlord for a lease extension but I am not sure it is too high.
  • I am currently negotiating a lease extension for my flat in Hoyland as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Hoyland