FAQs concerning Thorpe Hesley Lease Extensions

  • My name´s Logan. I’m house hunting in Thorpe Hesley I'm seeing a garden flat online, with approximately seventy five years outstanding, how much will it likely cost to extend in this area by, say, 35 years?
  • I am fairly sure that our has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint
  • We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 928 years outstanding so a lease extension is not a concern. 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 correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any advice would be much appreciated.
  • I am looking into the costs of carrying out a lease extension for my three bedroom first floor purpose built maisonette in Thorpe Hesley, and would like some figures on that.
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Thorpe Hesley and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Skipton Building Society to release of equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease began in 1979 and since then the ground rent has increased from £25.00 per year to £125 per annum.
  • I am a freeholder of a block of flats in Thorpe Hesley, and the tenants are in the process of being granted lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I contact the tax authorities ?
  • My apartment in Thorpe Hesley is up for sale and I have a hopefully firm offer. There is 79 years remaining on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,45 years
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • I intend to buy a one bed flat in Thorpe Hesley for asking price of 125k, which has 71 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Do you handle lease extensions on land? (a plot of land in Thorpe Hesley with 82yrs remaining)

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