FAQs concerning Bestwood Lease Extensions

  • My husband agreed with the landlord to a lease extension on our flat located in Bestwood, 6.5k for an additional 90yrs. How long is the process ?
  • 20,000 agreed with the landlord’s agents, just attempting to find a Bestwood conveyancers for a lease extension. Our lease has about sixety three yrsoutstanding. How long will this take ?
  • I bought a studio flat located in Bestwood with a leasehold unexpired of seventy five years. I am curious about how much I will need to spend to extend my lease
  • The terms for the lease on my apartment in Bestwood are 99 years from 1 Dec 1990. Can you provide me a quote to extend the lease if I give you more information please?
  • We bought a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Bestwood and looking to do a vesting order. Is this something you can do for us?
  • I am looking to either 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 plan to simultaneously remortgage with Bank of Ireland to free up equity. The adviser handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1972 and since then the ground rent has increased from £25.00 per annum to £125 per year.
  • What will it cost me and what is the best way to start the lease extension process? I have approximately 63 years unexpired lease on my lease on a one bedroom apartment in Bestwood. I have contacted the managing agents who act on behalf of the landlord and they sent me the number of the valuer. I telephone the valuer but I am not receiving any kind of answer.
  • I am the freeholder of a property in Bestwood and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I'm seeking some advice with regard to a lease extension on my flat. I'll be looking to do this sometime next year as we have to move 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. You are able to recommend a good property lawyers who specialises in lease extensions. Preferably nearby in Bestwood?
  • I have a lease of sixety one years remaining on my flat in Bestwood. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Bestwood

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