Hull North Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Hull North Lease Extensions
I inherited a garden flat in Hull North that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
Hello, I am looking somewhere around or in Hull North 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
I am considering whether to purchase the freehold or a lease extension of my property in Hull North and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Godiva Mortgages Ltd to release of equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per annum to £200 per year.
I will soon view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 69 years left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
My leasehold flat in Hull North is up for sale and I have a hopefully firm offer. There is 82 years to run 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
Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Hull North. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
My OH and I are purchasing a three bed flat in Hull North which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our property lawyers to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must wait pending registration of the new lease?
My sister is worried about getting a lease extension from an objectionable landlord. Notwithstanding that the legal procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £200 doubling every twenty five years of the new term. Can you assist?
We know that others in the same building previously had a lease extension, and the landlord seemed reasonable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation charges. Is this advisable?
I have a lease of 69 years remaining on my flat in Hull North. 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?