Kirkstall Lease Extensions

Common questions relating to Kirkstall Lease Extensions

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

I'm intending to make an offer on a house in Kirkstall but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Nottingham Building Society giving us the mortgage now?

I inherited a studio flat in Kirkstall with a leasehold unexpired of 72 years. I am wondering about how much it will cost me to extend my lease

I am deliberating whether to purchase the freehold or a lease extension of my property in Kirkstall and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with The Royal Bank of Scotland to release of equity. My broker handling the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease commenced in 1991 and since then the ground rent has been raised from £25.00 per year to £125 per annum.

I'm looking for a flat to buy in Kirkstall and I'm not really familiar with the leasehold tenure. I've identified a one bedroom second floor purpose built flat I like with a 91 years lease. I've read that I can get a lease extension after a couple of years, but:- Is this a given?

Re a residence in Kirkstall. upper maisonette. 62 yrs remaining. I have negotiated a lease extension price of £14k for 115yrs. Freeholder also requested Section 42 Notice which I think is a tad over the top. Can you assist.

My wife and I have a residential flat in Kirkstall with 78 years remaining. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 9k. We have now decided to proceed but do we now have to renegotiate?

I'm living with my parents but have a ground floor flat in Kirkstall let out which has a sixety seven year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Kirkstall for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?

We currently own a garden flat in Kirkstall and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety nine years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

I have a lease of seventy nine years remaining on my flat in Kirkstall. 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?

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