Frequently asked questions relating to Shipley Lease Extensions

  • Me and my wife are looking for lease extension for our leasehold house based in Shipley and we are confused by the communication that we received from our freehold company. How long will it take?
  • I’ve just completed on a maisonette based inShipley and I'm deliberating extending the lease as soon as I can e.g. after 24 months of ownership
  • So this is the scenario: I purchased a garden flat in Shipley that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • I am considering acquiring an auction property and came upon a studio flat in Shipley. It only has a 50 year lease..the vendor being mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with Yorkshire Building Society?
  • My partner and I have a GFF located in Shipley. There is 80 years unexpired on the lease and we want a lease extension. How much will it likely cost to extend in this location by, say,35 years
  • I own a purpose-built flat located in a large block in Shipley. The leasehold interest in the flat on a 99 year lease which commenced from 21st November 1969 with a fixed ground rent of £25 per annum. I would like to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • Me and my fiance would like to know the cost of a lease extension valuation for a property based in Shipley. Is this something you can help us with?
  • I'm intent on acquiring an apartment in Shipley valued at £256,000 the flat has approaching 70 years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd have moved in before Christmas. They have just informed the agent they'll reduce the price by£8k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • Other Topics

    Lease Extensions in Shipley

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