FAQs concerning Ripley Lease Extensions

  • My partner and I have just acquired a garden flat based inRipley and I'm deliberating a lease extension as soon as possible e.g. after two years
  • I have got a leasehold flat in the Ripley area and was curious if I could get a lease extension. What are your processes and fees. There are fivety five years remaining
  • I need to negotiate a lease extension for a flat in Ripley and want to use a local conveyancers. Is there a conveyancing practitioners that you can recommend?
  • My partner and I have a residential flat in Ripley with 70 years left. Ten months ago we were quoted a deal to receive 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?
  • I am seeking advice as I am interested in a property that has only a fivety four year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy four years. I need a conveyancing practitioners at my end. Can you advise please? I live near Ripley and have a mortgage with Yorkshire Building Society.
  • Just been over 2 years that I have been in my garden flat in Ripley. I have sixety yrs remaining on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • Just a quick one, how much does it cost for a lease extension on a residential property in Ripley for a two bed flat - sec 42 having been issued?
  • I have 76 years remaining on my lease of a ground floor flat in Ripley, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I am currently negotiating a lease extension for my flat in Ripley 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?
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    Lease Extensions in Ripley

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