Common questions relating to Alvaston Lease Extensions

  • 35k agreed with the freeholder, just seeking to find a Alvaston lawyers for a lease extension. Our lease has nearon fivety eight yearsunexpired lease. How long will this take ?
  • I am the registered owner of a flat in Alvaston with a leasehold unexpired just under 55 years and need to extend it. Please can you clarify the next steps
  • I own a maisonnette together with the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?
  • I'm thinking of buying a one bedroom apartment (leasehold) but the landlord has been absent for nearly 15yrs. My query is would it be cheaper to try to purchase the reversionary title or to get a lease extension and apply for RTM?
  • I am looking to either purchase the freehold or a lease extension of my property in Alvaston and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Leeds Building Society to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1972 and since then the ground rent has increased from £15.00 per year to £200 per year.
  • I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 76 years balance left on the lease. It is also a repossession so I'm guessing that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • I am a landlord of a block of flats in Alvaston, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I contact HMRC ?
  • We would like to know the cost of a lease extension valuation for a property based in Alvaston. Would you be able to help?
  • Are you able to provide an estimate to extend my mother’s lease on a garden flat in Alvaston. She recently got a figure from the freeholder for a lease extension but I am unclear whether it is too expensive.
  • I am currently negotiating a lease extension for my flat in Alvaston as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Alvaston

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