Bestwood Lease Extensions

Recently asked questions relating to Bestwood Lease Extensions

I agreed with the freeholder to a lease extension on our flat based in Bestwood, 12k for an extension by 90yrs. Can you please guide us with this situation ?

I am interested in getting a lease extension for a flat in Bestwood and want to use a local . Are you able to help me find a ?

I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 69 years left.

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?

I bought a three bed flat in Bestwood. The start date for the lease was in 1998 for 99 years. Now I am wanting for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?

I am thinking about buying an auction property and came upon a studio flat in Bestwood. It only has a 48 year lease..the current owner as mortgagees in possession dont want to mess around with applying for a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with HSBC Bank?

I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I commence the process, is this correct?

I intend to buy a one bed flat in Bestwood for asking price of 145k, which has 73 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?

I do not need a lease extension but I do require a vesting order on a property I want to buy in Bestwood. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the garden area.

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Bestwood

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