FAQs concerning Skellingthorpe Lease Extensions

  • My wife has a flat in Skellingthorpe which we have just put on the market. The leasehold has around 74 years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
  • I am looking to extend the lease on my garden flat in Skellingthorpe which will have sixety six years left in August. What fees apply?
  • We acquired a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Skellingthorpe and are therefore considering the option of a vesting order. Is this something you can help us with?
  • I am concerned that my niece is being hoodwinked. She put in an offer on a maisonette in Skellingthorpe, where the lease is slightly more 73 years but she was informed by the selling agents that the homeowner had extended it to 125 years. She has now been told the seller was holding off for her to retain lawyers ahead of instigating the lease extension. Seems unscrupulous, also it may take a while to sort it all out. What do you think?
  • My lawyers (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?
  • I am looking to extend the lease on my studio flat in Skellingthorpe I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Edwardian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety six years. What are my next steps?
  • I'm living at mum and dad but have a studio flat in Skellingthorpe let out which has a 64 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Skellingthorpe for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • I own the freehold of a 2 bedroom flat in Skellingthorpe. The leaseholders have seventy nine years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • My brother and I are purchasing a two bedroom ground floor purpose built maisonette in Skellingthorpe which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must wait until the new lease is registered?
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    Lease Extensions in Skellingthorpe

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