FAQs concerning Roundhay Lease Extensions

  • I think our has advised us incorrectly concerning a lease extension and I want to find out how to go about making a formal complaint
  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Roundhay - I wanted to see if with your services this could be extended?
  • I want to purchase a leasehold property and lease extension. The homeowner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy three years left.
  • I plan on buying a flat based in Roundhay. The offer is subject to the lease extension. The vendor’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 Platform Home Loans Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I am concerned that my daughter is being hoodwinked. She submitted an offer on a one bedroom apartment in Roundhay, where the lease is about 73 years but she was informed by the selling agents that the vendor had extended it to 99 years. She has now been advised the current owner was waiting for her to instruct solicitors ahead of instigating the lease extension. Seems underhand, also it will take a while to sort it all out. Am I being too sceptical?
  • Re a residence in Roundhay. lower maisonette. sixety one yrs unexpired. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also insisted on Section 42 Notice which I think should not be required. Can you assist.
  • I own the freehold reversion of a property in Roundhay where the leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has put forward a much higher amount. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed 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 Roundhay and the bank that I am looking to switch to needs a minimum 80 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around sixety two years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Roundhay 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 Roundhay