Top Ten Questions relating to Leyburn Lease Extensions

  • I’m about to offer on a studio flat to buy in the Leyburn area and was curious how much would it cost to extend a lease? It has 55 years remaining...
  • My partner has an apartment located in Leyburn which we are about to put on the market. The leasehold has just under fivety eight years outstanding on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • I need to extend my existing lease can you help me with that? I think it has seventy two years unexpired
  • I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for nearly 15yrs. My query is would it be less expensive to try to purchase the freehold or to get a lease extension and apply for RTM?
  • Ref a leasehold in Leyburn. upper maisonette. 54 yrs remaining. I have negotiated a lease extension price of £20k for 135yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Can you assist.
  • Offer accepted on a a one bedroom first floor purpose built flat in Leyburn, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.Contracts were due to be exchanged within a week. My question is Is it not odd that my property lawyers failed to pick this up far earlier than just before exchange?
  • I own the freehold of a one bedroom flat in Leyburn. The leaseholders have 73 years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • My and my partner are concerned about getting a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £200 doubling every twenty years of the new lease. Can you help?
  • I am currently in the process of refinancing my maisonette in Leyburn and the bank that I am looking to move to needs a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around sixety five years on the leasehold so looking for some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Leyburn 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?
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    Lease Extensions in Leyburn

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