Examples of recent questions relating to Lease Extensions in New Farnley

  • My wife has an apartment based in New Farnley which we have just put on the market. The leasehold has around 56 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I want to acquire a leasehold property and extend the lease. The seller has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking to purchase a garden flat in New Farnley with a lease of fivety nine years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I have been in touch with my freeholder to extend my lease for my flat in New Farnley. His has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started May 1990.
  • I purchased a garden flat in New Farnley. The start date for the lease was in 1992 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • We own a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in New Farnley and are therefore deliberating the option of a vesting order. Is this something you can handle for us?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I'm living at parents but have a three bedroom first floor purpose built maisonette in New Farnley let out which has a fivety eight 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 New Farnley 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?
  • I am planning on refinancing my one bedroom apartment in New Farnley and the bank that I am looking to switch to needs at least 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around seventy years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
  • Do you handle lease extensions on land? (a plot of land in New Farnley with 82yrs remaining)

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