Ilkley Lease Extensions

Frequently asked questions relating to Ilkley Lease Extensions

I am seeking a lease extension for our apartment in Ilkley and we are confused by the letter that we received from our landlord company. What's your legal fee?

So this is the scenario: I bought a studio flat in Ilkley that I now cannot sell due to the lease requiring a lease extension. How long will it take ?

I would like to have my residential flat leasehold extension premium assessed. The flat is in Ilkley, and my lease will reach sixety eight years this August. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?

The terms for the lease on my flat in Ilkley are 95 years from 10 Jan 1988. Can you give me a quote to extend the lease if I give you more information please?

My mortgage lender is requesting a £600 fee for their to approve the lease extension deed for my flat in Ilkley... I can find no reference of this in my mortgage contract... is this a standard cost that they charge?

I am thinking about purchasing an auction property and identified a studio flat in Ilkley. It only has a 50 year lease..the vendor being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and reduced chance of obtaining a mortgage with Barnsley Building Society?

I own the freehold reversion of a property in Ilkley and a leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My valuer has recommended a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to incur?

I have sixety nine years remaining on my lease of a ground floor flat in Ilkley, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

I am currently negotiating a lease extension for my flat in Ilkley 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Ilkley

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