Frequently asked questions relating to Sheffield Lease Extensions

  • We agreed with the freeholder to a lease extension on our flat based in Sheffield, 15k for a further 90yrs. Are you able to help us with this situation ?
  • 35k agreed with the landlord, just seeking to find a Sheffield for a lease extension. Our lease has just under seventy three yearsoutstanding. How long will this take ?
  • I’m just looking for a studio flat to purchase in the Sheffield area and was enquiring how much would it cost to extend a lease? It has 54 years outstanding...
  • I plan on buying a flat based in Sheffield. My offer is conditional upon a lease extension. The seller’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 Leeds Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • My mortgage provider is requesting several hundred pounds for their to agree a lease extension for my flat in Sheffield... I can find no reference of this in my mortgage contract... is this a normal fee to pay?
  • Offer accepted on a a garden flat in Sheffield, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 82 years.We are soon to exchange contracts in a couple of days. My question is Is it not odd that my didn't spot this far earlier than just before exchange?
  • I do not need a lease extension but I do require a vesting order on a property I want to purchase in Sheffield. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the garden area.
  • My brother and I are purchasing a one bedroom apartment in Sheffield which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must be patient pending registration of the new lease?
  • I'm hoping for some help with regard to extending the lease on my flat. The intention is to do this sometime next year as we have to move 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 LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Sheffield. 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?

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