Skellingthorpe Lease Extensions

Sample questions relating to Skellingthorpe Lease Extensions

I need to talk to you about an apartment in Skellingthorpe, I am considering bidding at auction next week. The flat only has a few years remaining and I wanted to inquire about how much it would cost to get a lease extension and for your services.

I wondered if you could help me on the likely charges and the optimum way to get a lease extension started? I have around 70 years remaining and I own a maisonette in Skellingthorpe.

Ref a leasehold in Skellingthorpe. upper maisonette. seventy seven yrs left. I have an agreed lease extension to £14k for 115yrs. Landlord also insisted on Initial Notice which I think should not be necessary. Can you assist.

We have a residential flat in Skellingthorpe with 62 years remaining. Ten months ago we were quoted a deal to have a lease extension for a further 25 years but also uplift the ground rent from notional to £300 per year..plus a premium I think of about 10k. Finally we have decided to go ahead but do we now have to renegotiate?

My (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?

My fiance and I have owned a leasehold flat for around fifteen years. It now has 75 years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.

I am the freeholder of a Georgian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety three years. What are my next steps?

If a leaseholder owns a flat with a lease of less than 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 extending the lease?

I require an estimate to extend my mother’s lease on a garden flat in Skellingthorpe. She recently got a figure from the landlord for a lease extension but I am far from certain if it is too high.

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

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