Top Ten Questions relating to Poppleton and Bishopthorpe Lease Extensions

  • I just completed on a property in Poppleton and Bishopthorpe and it has nearly 64 years outstanding. I'd like to arrange a lease extension by twenty years
  • Hi. I need a to have a look at my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • I have been in touch with my freeholder to extend my lease for my flat in Poppleton and Bishopthorpe. His has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started Septembmer 1985.
  • I'm looking for an apartment to buy in Poppleton and Bishopthorpe and I'm not really familiar with the leasehold title. I've identified a studio flat I like with a 91 years lease. I've read that I can apply for a lease extension after a couple of years, but:- Is this a given?
  • My flat in Poppleton and Bishopthorpe is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want to extend the lease. What does it cost on average to extend in this location by, say,45 years
  • I have a share of the freehold. There are five apartments in the house. All the leaseholders are now looking for lease extensions. What's your legal fee?
  • My brother has a share of freehold, with two other leaseholders in a building in Poppleton and Bishopthorpe. House divided into three flats. He has a lease, which has nearon seventy one years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • 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 extending the lease?
  • I am the registered freeholder to two flats. Someone has the lease on the ground flat in Poppleton and Bishopthorpe. I reside in the top flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is sixety years left. Is it possible to do a lease extension without instructing a ?
  • I am currently negotiating a lease extension for my flat in Poppleton and Bishopthorpe as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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