Lease Extensions in Sherburn In Elmet

Common questions relating to Sherburn In Elmet Lease Extensions

My name´s Aiden. I’m flat hunting in Sherburn In Elmet I'm considering offering on a one bedroom apartment online, with slightly less 67 years remaining, how much will it likely cost to get a lease extension by, say, twenty years?

I acquired a property in Sherburn In Elmet and it has roughly 79 years balance left. I'd like to extend the lease period

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 68 years balance left.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

We acquired a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Sherburn In Elmet and are therefore considering the option of a vesting order. Is this something you can help us with?

Offer accepted on a a garden flat in Sherburn In Elmet, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged within a week. My query is Is it not odd that my didn't pick this up far earlier than just before exchange?

I an interested in finding out more about purchasing a leasehold residence. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Sherburn In Elmet area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?

I am the registered freeholder to two flats. Someone has the lease on the garden flat in Sherburn In Elmet. I occupy in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is fivety six years left on the lease. If I want to do a lease extension then would I just be paying for the fees?

I require an estimate to extend my mother’s lease on a maisonette in Sherburn In Elmet. She recently got a price from the landlord for a lease extension but I am far from certain if it is reasonable.

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