Lease Extensions in Bawtry

Bawtry Lease Extensions: Q and A’s

I agreed with the landlord to a lease extension on our flat in Bawtry, 20.5k for an extension by 90yrs. Are you willing to assist us with this situation ?

I bought a flat in Bawtry with a leasehold unexpired roughly seventy six years and need to extend it. Please can you advise me of the next steps

I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want to extend their leases and I'm wondering about the the process

I need to extend my existing lease can you help me with that? I think it has 62 years residual lease term

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

My neighbours and I are in a block consisting of five flats in Bawtry and have been offered to buy the freehold for £5000 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?

I am looking into the costs of carrying out a lease extension for my three bed flat in Bawtry, and would like some figures on that.

I am concerned that my niece might be having the wool pulled over her eyes. She submitted an offer on a ground floor flat in Bawtry, where the lease is about seventy seven years but she was advised by the selling agents that the current owner had extended it to 125 years. She has now been advised the seller was waiting for her to retain lawyers ahead of instigating the lease extension. Sounds underhand, also it could take months to sort it all out. Am I being too sceptical?

We have a first floor flat in Bawtry with sixety years to run. Last year we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 10k. We have now decided to move forward but do we now have to renegotiate?

I intend to buy a one bed flat in Bawtry for asking price of 156k, which has 78 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

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