Frequently asked questions relating to Poppleton and Bishopthorpe Lease Extensions

  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 899 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any help would be much appreciated.
  • Do you only do lease extensions in Poppleton and Bishopthorpe? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a conveyancers.
  • I am looking for a lawyers in Poppleton and Bishopthorpe and they need to be on the Chelsea Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?
  • I own a maisonnette and the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I plan on buying a flat in Poppleton and Bishopthorpe. My offer is conditional upon a lease extension. The owner’s conveyancing practitioners has served 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?
  • I own a purpose-built apartment in a large development in Poppleton and Bishopthorpe. The leasehold interest in the apartment on a 99 year lease started from 1 January 1970 with a set ground rent of £10 per annum. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • We have owned a leasehold flat for approximately eighteen years. It now has 77 years left on the lease. After a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • I own the freehold reversion of a property in Poppleton and Bishopthorpe and a leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has recommended a much higher amount. Negotiations have broken down so it looks at though we need 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 costs would I be likely to incur?
  • My wife and I are aware that others in the same block previously had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend this course of action?
  • Do you handle lease extensions on land? (a plot of land in Poppleton and Bishopthorpe with 82yrs remaining)
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    Lease Extensions in Poppleton and Bishopthorpe

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