FAQs concerning Pontefract Lease Extensions

  • My name´s Hunter. I’m flat hunting in Pontefract I'm seeing a garden flat online, with about seventy nine years unexpired lease, how much does it cost on average to get a lease extension by, say, thirty years?
  • I am going to purchase a flat in Pontefract. The offer is subject to the lease extension. The flat owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?
  • My partner and I are proceeding with buying a garden flat in Pontefract. I was informed that the lease had been extended (seventy nine years left prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The flat owner supposedly has a quote but no funds to extend and consequently the flat owner wants to exchange and use the deposit monies for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking to buy a one bed flat in Pontefract for asking price of 145k, which has 58 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am hoping to extend the lease on my one bed flat in Pontefract I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to acquire in Pontefract. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the garden area.
  • I'm intent on acquiring an apartment in Pontefract at a price of £256,000 the flat has approximately 76 years remaining on the lease. I put in an offer conditional upon a lease extension... .. that was back in November, hoping I'd be in by Christmas. They have just informed me that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I own the freehold reversion of a property in Pontefract where the leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has put forward a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?
  • I am currently in the process of refinancing my maisonette in Pontefract and the new lender that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. We currently have around 60 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

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