Withernsea Lease Extensions

Common questions relating to Withernsea Lease Extensions

I invested in buying a garden flat in Withernsea that I am now unable to sell as a result of the lease requiring a lease extension. How long will it take ?

I'm wanting to make an offer on a house in Withernsea but I'm concerned 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 Britannia giving us the mortgage now?

I am going to purchase a flat in Withernsea. My offer is conditional upon a lease extension. The flat owner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?

We are selling our ground floor flat in Withernsea but we may need to extend the lease, or possibly cover the costs of our buyers. Are you able to recommend someone to assist?

My co-lessees and I are in a building made up three flats in Withernsea and have been offered to buy the freehold for £6000 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 a landlord of a block of flats in Withernsea, and the leaseholders are in the process of being granted lease extensions. I should hopefully get funds next month. As I am not on self assessment do I contact the tax man ?

I have a share of the freehold. There are three flats in the block. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?

We would like to extend our lease having owned the apartment for 2 years as of 22nd April 2016. It has nearly 77 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.

We have been in discussion with our freeholder after having a valuation on our ground floor flat in Withernsea. We have a 65 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

I'm looking for some advice with regard to a lease extension on my maisonette in Withernsea. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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