Sample questions relating to Knottingley Lease Extensions

  • We are thinking about a lease extension for our leasehold house based in Knottingley and we are confused by the letter that we got from our landlord company. Are you willing to help us with this situation?
  • I have a lease of fivety nine years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Knottingley, and my lease will reach 78 years this May. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I am looking at purchasing an auction property and identified a one bed flat in Knottingley. It only has a fifty-one year lease..the seller being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this except for the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Accord Mortgages Ltd?
  • My partner and I have a residential flat in Knottingley with 66 years left. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 10k. We have now decided to proceed but do we now have to renegotiate?
  • My brother has a share of freehold, with two other leaseholders in a building in Knottingley. House converted into three apartments. He has a lease, which has around 68 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I'm living with my parents but have a garden flat in Knottingley let out which has a 62 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 Knottingley 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. Should I keep or sell the flat?
  • Hello I own the freehold interest in a 2 bedroom flat in Knottingley. The leaseholder has a sixety seven year lease and would like to purchase an additional 90 years. He is offering me £21,000 but I am unsure if this is too low an offer
  • I am currently negotiating a lease extension for my flat in Knottingley 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 2 bed flat in Knottingley
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    Lease Extensions in Knottingley

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