Questions and Answers: North Ferriby Lease Extensions

  • I have got a leasehold flat in the North Ferriby area and was curious if I could get a lease extension. What are your processes and fees. Has 58 years remaining
  • I'm about to make an offer on a house in North Ferriby 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 Nationwide Building Society giving us the mortgage now?
  • I am about to put an offer in on a garden flat in North Ferriby with a lease of sixety two years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am thinking about acquiring an auction property and came upon a two bed flat in North Ferriby. It has just 49 year lease..the current owner being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and reduced chance of getting a mortgage with National Westminster Bank?
  • Regarding a property in North Ferriby. lower maisonette. 62 yrs unexpired. I have an agreed lease extension to £20k for 115yrs. Freeholder also insisted on Section 42 Notice which I think is a tad over the top. Advice required.
  • I'm living with my parents but have a maisonette in North Ferriby let out which has a seventy seven 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 North Ferriby 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 19k. Not sure sure whether to hold on or sell the flat?
  • I do not need a lease extension but I do require a vesting order on a property I want to buy in North Ferriby. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • We have been in discussion with our freeholder after having a valuation on our one bedroom apartment in North Ferriby. We have a 77 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in North Ferriby
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    Lease Extensions in North Ferriby

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