Ryhall Lease Extensions

Common questions relating to Ryhall Lease Extensions

Hi, I am looking somewhere around or in Ryhall 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?

Hello. I need a to review my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.

What will it cost me and what is the best way to get a lease extension started? I have slightly more than 76 years outstanding on my lease on a one bedroom apartment in Ryhall. I have called the managing agents who represent the head landlord and they gave me the number for the valuer. I have contacted the valuer but I am not receiving any kind of answer.

My mortgage lender is requesting a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Ryhall... I can find no mention of this in my mortgage booklet... is this a normal cost that they charge?

We would like to extend our lease. We will have been in the property for 2 years as of 1st April 2015. It has about fivety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as is reasonably achievable.

I intend to buy a one bed flat in Ryhall for asking price of 125k, which has seventy five years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

We have been in discussion with our freeholder after having a valuation on our ground floor flat in Ryhall. We have a 55 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Ryhall. I reside in the top flat. I was reviewing the title deeds yesterday when I noticed that my flat is leasehold. There is seventy one years remaining. If I want a lease extension then would I just be paying for the charges?

I am currently negotiating a lease extension for my flat in Ryhall 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?

I have a lease of 58 years remaining on my flat in Ryhall. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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