Top Ten Questions relating to Sowerby Bridge Lease Extensions

  • I am seeking a lease extension for our garden flat located in Sowerby Bridge and we don't fully comprehend the communication that we received from our freehold company. How long will it take?
  • 20,000 agreed with the landlord, just trying to find a Sowerby Bridge for a lease extension. Our flat has around 74 yearsoutstanding. Can you please help us with this situation ?
  • I have a lease of 62 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • 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?
  • I am a first time buyer of a leasehold flat in Sowerby Bridge. The lease has only fivety nine years outstanding and ground rent is £50. Is it possible for the current owner to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the flat owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • I am thinking about buying an auction property and came upon a two bed flat in Sowerby Bridge. It only has a fifty year lease..the current owner being mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Virgin Money?
  • I own a share of the freehold. There are three apartments in the block. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • My son has a share of freehold, with two other leaseholders in a building in Sowerby Bridge. House split into three flats. He has a lease, which has approximately sixety six years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • We currently own a three bedroom second floor purpose built flat in Sowerby Bridge and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 59 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Sowerby Bridge. 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. Can you recommend a good who specialises in lease extensions?

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