Recently asked questions relating to Studley Lease Extensions

  • My partner and I are thinking about a lease extension for our leasehold house based in Studley and we don't fully comprehend the letter that we got from our freehold company. What's your legal fee?
  • I'm about to make an offer on a house in Studley but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect HSBC Bank giving us the mortgage now?
  • I am looking for a conveyancing practitioners in Studley and they need to be on the Leeds Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend a solicitors ?
  • I am about to put an offer in on a one bedroom apartment in Studley with a lease of 72 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • 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 the owner of a maisonnette and the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
  • Regarding a leasehold in Studley. GFF maisonette. 55 yrs unexpired. I have negotiated a lease extension price of £20k for 115yrs. Landlord also insisted on Notice of Claim which I think should not be required. Advice required.
  • I'm living with my mother and father but have a one bedroom apartment in Studley let out which has a 74 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 Studley 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 21k. Not sure sure whether to hold on or sell the flat?
  • My OH and I are hoping to buy a home (a three bed flat based inStudley with share of freehold). During our search, we were always looking at properties that had a minimum eighty five years left. We found a flat we liked and the estate agent promised us that the lease term was not an issue. This morning our lawyers told us the lease only has 61 years and thus needs a lease extension. Do we walk away, or should we reduce our offer?
  • Are you able to provide an estimate to extend my aunt’s lease on a two bedroom ground floor purpose built maisonette in Studley. She already has a price from the freeholder for a lease extension but I am not sure it is too expensive.
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    Lease Extensions in Studley

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