Top Ten Questions relating to Hull Lease Extensions
I’ve just acquired a garden flat based inHull and I'm thinking about a lease extension as soon as I can e.g. in two years
We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 928 years left so a lease extension is not a concern. 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
I am the freeholder of a Victorian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy nine years. What are my next steps?
Me and my sister have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Hull. We have a 66 year lease and we wish to increase this to 99. The Freeholder has given 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
Just a quick question, how much is the premium payable for a lease extension on a residential property in Hull for a one bed flat - sec 42 is already in place?
We know that others in the same building had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you suggest this course of action?
I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in Hull
We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom second floor purpose built flat in Hull
Do you handle lease extensions on land? (a plot of land in Hull with 82yrs remaining)
I have a lease of 56 years remaining on my flat in Hull. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?