Low Fell Lease Extensions: Q and A’s

  • I am looking for lease extension for our flat based in Low Fell and we are confused by the communication that we received from our freehold company. What's your legal fee?
  • Me and my wife have just purchased a maisonette based inLow Fell and I'm deliberating a lease extension as soon as practicable e.g. in a couple of years
  • I'm wanting to make an offer on a house in Low Fell 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 Norwich and Peterborough Building Society giving us the mortgage now?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Low Fell and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Yorkshire Building Society to release of equity. My broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease started in 1991 and since then the ground rent has been raised from £25.00 per year to £125 per year.
  • We have a GFF based in Low Fell. There is 81 years unexpired on the lease and we want to extend the lease. What will it likely cost to extend in this location by, say,thirty years
  • My fiance and I had entered into buying a ground floor flat in Low Fell. I was informed that the lease had been extended (seventy six years outstanding prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that there has been no lease extension. The vendor supposedly has a quote but no finances to extend and consequently the current owner intends to exchange and use the my deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • My husband has a share of freehold, with two other leaseholders in a building in Low Fell. House split into three apartments. He has a lease, which has nearon 60 yrs outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am hoping to extend the lease on my one bedroom apartment in Low Fell I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I have a leasehold property in Low Fell with 55 years remaining on the lease. I need a to act for me to obtain a lease extension. Can you assist?
  • I own the freehold reversion of a property in Low Fell and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this by £2,000 without too much effort. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to incur?

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