Lease Extensions in Yeading

FAQs concerning Yeading Lease Extensions

My name´s Joseph. I’m house hunting in Yeading I'm seeing a maisonette online, with nearon 64 years unexpired lease, how much does it cost on average to get a lease extension by, say, fifty years?

Hi, I stumbled across this website. I'm looking for prices on what a lease extension will cost for a three bedroom ground floor purpose built maisonette based in Yeading. It's up for sale at the moment but has circa seventy four years of unexpired leasehold

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety six years outstanding.

We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not required. 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 the house being ours. Any help would be much appreciated.

I plan on buying a flat in Yeading. The offer is conditional upon a lease extension. The homeowner’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 Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I bought a three bed flat in Yeading. I am looking to extend lease on the property. It is circa 80 years. I would just like to know what your charges are and how long the process takes.

I own a share of the freehold. There are three apartments in the house. All the leaseholders are now requiring lease extensions. What's your legal fee?

I would like some help on purchasing a leasehold residence. We intend to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Yeading area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

I am worried about obtaining a lease extension from a difficult freeholder. Notwithstanding that the legal procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £200 increasing by 100% every twenty years of the new lease. Can you assist?

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