FAQs concerning Roundhay Lease Extensions

  • Hi, I just randomly found this site. I'm looking for prices on what it cost to extend a lease of a garden flat based in Roundhay. It's up for sale at the moment but has around 79 years of unexpired leasehold
  • I am looking to purchase a studio flat in Roundhay with a lease of 74 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • We are in a building comprising three flats in Roundhay and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • My wife and I have a ground floor flat in Roundhay with seventy three years left. Last year we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. Finally we have decided to go ahead but do we now have to renegotiate?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Just been over 2 years that I have owned my studio flat in Roundhay. I have seventy eight yrs outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I do not need a lease extension but I do require a vesting order on a property I want to buy in Roundhay. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the garden area.
  • Hello I own the freehold title in a 3 bedroom flat in Roundhay. The leaseholder has a 70 year lease and would like to purchase another 90 years. She is offering me £27,000 but I am unsure if this is in the right ballpark
  • I require an estimate to extend my aunt’s lease on a maisonette in Roundhay. She already has a price from the freeholder for a lease extension but I am far from certain if it is too high.
  • I am currently in the process of remortgaging my garden flat in Roundhay and the bank that I am looking to move to needs at least 80 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around seventy three years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

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