Recently asked questions relating to Hull Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy seven years left.
  • Hello. I need someone to review my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Hull, and my lease will reach 56 years this June. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I am looking to either purchase the freehold or a lease extension of my property in Hull and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Birmingham Midshires to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease started in 1991 and since then the ground rent has increased from £15.00 per annum to £125 per year.
  • I'm looking for a flat to buy in Hull and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 91 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • My leasehold flat in Hull is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. How much does it cost on average to extend in this location by, say,fifty years
  • I intend to buy a one bed flat in Hull for asking price of 156k, which has seventy four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Just a quick one, how much are the legal fees for a lease extension on a residential property in Hull for a three bed flat - section 42 is already served?
  • I own the freehold reversion of a property in Hull and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Hull
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    Lease Extensions in Hull

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