Frequently asked questions relating to Alvaston Lease Extensions

  • I’ve just completed on a three bed flat inAlvaston and I'm deliberating extending the lease as soon as possible e.g. in a couple of years
  • I am going to purchase a flat in Alvaston. My offer is conditional upon a lease extension. The seller’s solicitors has given to the freeholder the Section 42 Notice. 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 Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?
  • I purchased a one bedroom apartment in Alvaston. I am looking to extend lease on the property. It is around 80 years. I would just like to know what your charges are and how long the process takes.
  • My mortgage provider is requesting several hundred pounds for their solicitors to agree a lease extension for my flat in Alvaston... I can find no reference of this in my mortgage literature... is this a standard cost that they charge?
  • I own a share of the freehold. There are four flats in the block. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Alvaston for a three bed flat - section 42 is already in place?
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Alvaston. I live in the upper flat. I was looking at the land registry documents today when I noticed that my flat is leasehold. There is fivety six years left on the lease. If I want to do a lease extension then would I just be paying for the lawyers costs?
  • I am worried about seeking a lease extension from tricky landlord. Even though the correct procedures were followed under the appropriate legislation, the freeholder still tried to get ground rent of £300 doubling every twenty years of the new term. Can you help?
  • We currently own a maisonette in Alvaston and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety nine years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have fivety eight years remaining on my lease of a ground floor flat in Alvaston, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Alvaston

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