Frequently asked questions relating to New Farnley Lease Extensions

  • I am the owner of a maisonnette and the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
  • I purchased a one bedroom first floor purpose built flat in New Farnley. I am looking for a lease extension on the property. It is circa eighty years. I would just like to know what your charges are and how long the process takes.
  • I am a first time buyer of a leasehold flat in New Farnley. The lease has just 66 years remaining and ground rent is £75. Is it possible for the owner to serve the Notice of Claim and then transfer this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the seller? To add to the complexity it’s the case of an missing freeholder, so I am not sure how this will play out.
  • Hi I am the freeholder interest in a one bedroom flat in New Farnley. The leaseholder has a 72 year lease and would like to purchase further 125 years. She is offering me £27,000 but I am unsure if this is too low an offer
  • My wife and I are are hoping to complete on a garden flat in New Farnley which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The owner has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our lawyers to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to hold on until the new lease is registered?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in New Farnley for a two bed flat - sec 42 is already in place?
  • I'm hoping for some assistance with regard to a lease extension on my maisonette. I'll be looking to do this sometime next year as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently in the process of remortgaging my three bedroom ground floor purpose built maisonette in New Farnley and the mortgage company that I am looking to move to requires at least 80 years on the leasehold of my property in order for them to progress matters. We currently have around seventy three years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in New Farnley
  • We have a maisonette in New Farnley with a lease of sixety nine years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in New Farnley

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in New Farnley