Common questions relating to Hull East Lease Extensions

  • 20,000 agreed with the freeholder, just seeking to find a Hull East for a lease extension. Our lease has approximately 60 yearsleft. How long will this take ?
  • My name´s Isaac. I’m house hunting in Hull East I'm seeing a ground floor flat online, with slightly less 66 years outstanding, how much does it cost on average to extend in this location by, say, ninety years?
  • I bought a garden flat based in Hull East with a leasehold unexpired of sixety seven years. I am curious about what it will cost me to extend my lease
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • We hope to sell our one bedroom second floor purpose built flat in Hull East but we may need to extend the lease, or at least cover the costs of our buyers. Can you help me find someone to help us?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Hull East and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with TSB to release of equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £25.00 per year to £200 per year.
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a garden flat in Hull East, where the lease is approximately 75 years but she was told by the selling agents that the homeowner had extended it to 99 years. Only now has she been informed the flat owner was waiting for her to appoint solicitors before commencing with the lease extension. Sounds odd to me, also it could take a while to sort it all out. What do you think?
  • I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety three years. What are my next steps?
  • We are are hoping to complete on a maisonette in Hull East which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must hold on until the new lease is registered?
  • My and my partner are worried about obtaining a lease extension from an objectionable landlord. Notwithstanding that the correct procedures were followed under the appropriate legislation, the landlord still attempted to get ground rent of £300 increasing by 100% every twenty five years of the new lease. Can you help?

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