Recently asked questions relating to Bestwood Lease Extensions

  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Bestwood - I wanted to see if with your services this could be extended?
  • I am looking for a conveyancers in Bestwood and they should be on the Virgin Money approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a property lawyers ?
  • I am looking to buy a garden flat in Bestwood with a lease of 56 years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Bestwood, and my lease will reach sixety eight years this November. 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 own a studio flat in Bestwood. The lease commenced in 1998 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Bestwood 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 release of equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £25.00 per annum to £300 per year.
  • We are proceeding with buying a one bedroom apartment in Bestwood. I was told that the lease had been lengthened (sixety one years unexpired lease prior to extension). The sales particulars stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The seller apparently has a quote but no funds to extend and consequently the homeowner intends to exchange and use the deposit monies to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I an interested in finding out more about purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Bestwood area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • I'm intent on acquiring an apartment in Bestwood valued at £256,000 the flat has something like 61 years remaining on the lease. My offer was conditional upon the lease being renewed... .. that was back in September, hoping I'd be in before now. The seller has just informed me they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Bestwood. I'll be looking to do this sometime next year as we need to move at some point 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • Other Topics

    Lease Extensions in Bestwood

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