FAQs concerning Allestree Lease Extensions

  • I am looking to extend the lease on my one bed flat in Allestree which will have sixety one years unexpired lease in September. What fees apply?
  • Hello. I need a to have a look at my lease extension before it's formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Allestree, and my lease will reach seventy two years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a one bedroom apartment in Allestree, where the lease is nearly 61 years but she was told by the selling agents that the owner had extended it to 125 years. She has now been told the current owner was waiting for her to appoint solicitors prior to commencing with the lease extension. Seems unscrupulous, also it could take a while to sort it all out. Am I reading too much into it?
  • I own a share of the freehold. There are five flats in the house. All the leaseholders are now looking for lease extensions. Are you willing to assist us with this situation?
  • I'm living at parents but have a one bed flat in Allestree let out which has a 59 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Allestree for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • I do not need a lease extension but I do require a vesting order on a property I want to purchase in Allestree. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • It says on your website the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my 2 bed flat in Allestree
  • We are are hoping to complete on a studio flat in Allestree which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced extending the lease. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it right that we must wait until the new lease is registered?
  • I'm looking for some assistance with regard to extending the lease on my maisonette. The intention is to do this sometime next year as we need to move 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. You are able to recommend a good who specialises in lease extensions. Ideally nearby in Allestree?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Allestree