Examples of recent questions relating to Lease Extensions in Preston Park

  • I agreed with the freeholder to a lease extension on our flat located in Preston Park, 8k for another 90yrs. What's your legal fee ?
  • I invested in buying a one bedroom apartment in Preston Park. The start date for the lease was in 1992 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat located in Preston Park. My offer is conditional upon a lease extension. The vendor’s conveyancing practitioners has given to the freeholder the Notice of Claim. 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 Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am considering whether to purchase the freehold or a lease extension of my property in Preston Park 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 Bank of Scotland to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease commenced in 1991 and since then the ground rent has increased from £15.00 per year to £100 per year.
  • Last year I purchased a leasehold flat in Preston Park. I have built a large extension and have not informed the leaseholder. What should I do?
  • I am about to view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety eight years outstanding on the lease. It is also a repo so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • My wife and I have a residential flat in Preston Park with seventy four years remaining. Last year we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 9k. We have now decided to move forward but do we now have to renegotiate?
  • My partner and I have a one bedroom flat based in Preston Park. There is 80 years to run on the lease and we want to extend the lease. What does it cost on average to get a lease extension by, say,ninety years
  • My and my husband are worried about obtaining a lease extension from tricky freeholder. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the landlord still tried to charge ground rent of £250 increasing by 100% every twenty years of the new term. Can you help?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Preston Park. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Preston Park

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