FAQs concerning Aylestone Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
  • I am considering investing in a second home but it has a lease that expires in twenty years. Its in Aylestone - I wanted to see if with your services it is possible for this to be extended?
  • My co-lessees and I are in a block consisting of three flats in Aylestone and have been offered to buy the freehold for 7k 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?
  • Think I may have made an error, I am actually looking for a in Aylestone who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Aylestone and are therefore deliberating the option of a vesting order. Is this something you can handle for us?
  • I am looking to buy a one bed flat in Aylestone for asking price of 145k, which has 55 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost excluding vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my one bed flat in Aylestone
  • We are in the throws of buying a home (a maisonette based inAylestone with share of freehold). Throughout our search, we were always looking at properties that had at least 83 years balance left. We came across a apartment we liked and the selling agent promised us that the lease term was not an issue. This morning our informed us the lease only has sixety years and therefore requires a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • My wife and I are concerned about seeking a lease extension from tricky landlord. Even though the correct procedures were followed under the 1993 Act, the landlord still attempted to get ground rent of £200 doubling every twenty years of the new term. Can you help?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bed flat in Aylestone
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Aylestone