Common questions relating to Northallerton Lease Extensions

  • 40k agreed with the landlord’s agents, just seeking to find a Northallerton property lawyers for a lease extension. Our lease has approximately 73 yearsunexpired lease. How long will this take ?
  • I am looking to extend the lease on my one bedroom apartment in Northallerton which will have 78 years left in August. What fees are applicable?
  • I own a leasehold flat in the Northallerton area and was enquiring whether I could obtain a lease extension. What are your processes and fees. Has sixety two years unexpired
  • I want to buy a leasehold property and extend the lease. The vendor has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • My mortgage lender is requesting several hundred pounds for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Northallerton... I am unable to find any mention of this in my mortgage guide... is this a normal charge?
  • Me and my wife have owned a leasehold flat for approximately twenty years. There are sixety four years outstanding on the lease. Following a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
  • I am planning to extend the lease on my one bedroom apartment in Northallerton 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 own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 76 years. I need a conveyancers at my end. Can you advise please? I live near Northallerton and have a mortgage with Chelsea Building Society.
  • If a leaseholder owns a flat with a lease of less than 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 doing it?
  • I own the freehold reversion of a property in Northallerton where the leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting 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 face?
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    Lease Extensions in Northallerton

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