Lease Extensions in Withernsea

Frequently asked questions relating to Withernsea Lease Extensions

I purchased a property in Withernsea and it has nearly 56 years residual lease term. I'd like to extend the lease period

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 Withernsea, and my lease will reach fivety seven years this October. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?

I'm planning on buying a three bed flat (leasehold) but the freeholder has been absent for around 15yrs. My query is would it be less expensive to try to buy the freehold or to extend lease and apply for right to manage?

My co-lessees and I are in a block consisting of three flats in Withernsea and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I am looking into the costs of carrying out a lease extension for my GFF in Withernsea, and would like some figures on that.

I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has fivety four years outstanding on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

I am planning to extend the lease on my garden flat in Withernsea I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

I am the freeholder of a 1930’s property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 64 years. What are my next steps?

I own the freehold reversion of a property in Withernsea and a leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My surveyor has put forward a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Withernsea