Common questions relating to Knottingley Lease Extensions

  • I need to negotiate a lease extension for a flat in Knottingley and want to use a local . Is there a that you can recommend?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Knottingley, and my lease will reach seventy four years this July. 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'm considering purchasing a studio flat (leasehold) but the freeholder has been missing for about 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to extend lease and apply for right to manage?
  • I am looking to either purchase the freehold or a lease extension of my property in Knottingley 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 Accord Mortgages Ltd 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 began in 1972 and since then the ground rent has increased from £38.00 per year to £125 per annum.
  • I will soon view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 68 years residual lease term on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • We have a leasehold flat in Knottingley with sixety six years unexpired. Last year we were quoted a deal to have a lease extension for another thirty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Knottingley. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Coming up to two years that I have owned my one bed flat in Knottingley. I have 70 yrs left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • Me and my fiance have been in discussion with our freeholder after having a valuation on our garden flat in Knottingley. We have a 56 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We currently own a one bedroom apartment in Knottingley 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 76 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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