FAQs concerning Pickering Lease Extensions

  • 20,000 agreed with the freeholder, just trying to find a Pickering for a lease extension. Our lease has circa sixety four yearsoutstanding. Can you please help us with this situation ?
  • I am looking for a lease extension on the lease on my two bedroom second floor purpose built flat in Pickering which will have 73 years remaining in September. What fees are applicable?
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has sixety four years balance left
  • I'm planning to make an offer on a house in Pickering but I'm concerned 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 Lloyds TSB Bank giving us the mortgage now?
  • The terms for the lease on my apartment in Pickering are 101 years from 10 Jan 1988. Can you provide me a quote for a lease extension if I give you more details please?
  • I am looking to either purchase the freehold or a lease extension of my property in Pickering and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Chelsea Building Society to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease started in 1972 and since then the ground rent has been raised from £38.00 per annum to £300 per annum.
  • I'm looking for an apartment to buy in Pickering and I'm not really familiar with the leasehold tenure. I've identified a place I like with a 90 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • My wife and I are considering buying a ground floor flat in Pickering which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • We wish to extend our lease. We will have been in the property for two years as of 1st March 2015. It has around 65 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.
  • We currently own a ground floor flat in Pickering and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 66 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?

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