Wakefield Lease Extensions

Examples of recent questions relating to Lease Extensions in Wakefield

Me and my wife are seeking a lease extension for our leasehold house based in Wakefield and we are confused by the letter that we got from our landlord company. Are you able to assist us with this situation?

So this is the scenario: I acquired a ground floor flat in Wakefield that I am now unable to sell due to the lease requiring a lease extension. What's your solicitors fee ?

Hi. I need a to review my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few small amendments.

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 would like to have my residential flat leasehold extension premium valued. The flat is in Wakefield, and my lease will reach seventy four years this March. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I am considering purchasing an auction property and came upon a two bed flat in Wakefield. It has just 48 year lease..the current owner as mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with Birmingham Midshires?

We are considering buying a garden flat in Wakefield which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?

I am seeking advice as I am interested in a property that has only a sixety nine year lease and therefore requires a lease extension. Is it possible for me to talk with someone to discuss my options please?

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

Do you handle lease extensions on land? (a plot of land in Wakefield with 82yrs remaining)

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