Top Ten Questions relating to Whitby Lease Extensions

  • I’ve just bought a ground floor flat based inWhitby and I'm considering extending the lease as soon as possible e.g. in 24 months of ownership
  • I am the registered owner of a flat in Whitby with a leasehold unexpired around seventy three years and need to extend it. Please can you advise me of the next steps
  • I need to negotiate a lease extension for a flat in Whitby and want to use a local solicitors. Is there a conveyancers that you can recommend?
  • I have a lease of 60 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am the registered owner of a garden flat in Whitby. The lease started in 1992 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • My mortgage lender is requesting a £500 fee for their conveyancing practitioners to agree a lease extension for my flat in Whitby... I can find no reference of this in my mortgage booklet... is this a usual charge?
  • I am a freeholder of a block of flats in Whitby, and the lessees are in the process of being granted lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I get in touch with the tax man ?
  • Regarding a leasehold in Whitby. lower maisonette. 55 yrs left. I have negotiated a lease extension price of £12,000 for 115yrs. Freeholder also requested Initial Notice which I think should not be necessary. Can you assist.
  • Me and my partner are are hoping to complete on a 2 bed flat in Whitby which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our property lawyers to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to be patient until the new lease is registered?
  • I am currently negotiating a lease extension for my flat in Whitby 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?
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    Lease Extensions in Whitby

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