Top Ten Questions relating to Borrowash Lease Extensions

  • Hi, I am looking somewhere around or in Borrowash 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I am about to put an offer in on a studio flat in Borrowash with a lease of fivety nine years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • 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 would like to have my residential flat leasehold extension premium assessed. The flat is in Borrowash, and my lease will reach 58 years this March. 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 inherited a maisonette in Borrowash. The start date for the lease was in 2001 for 99 years. Now I am wanting for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • I own a leasehold apartment in Borrowash. I have built a big extension and have not informed the freeholder. What are my options?
  • My mortgage lender requires a £600 fee for their to agree a lease extension for my flat in Borrowash... I can find no reference of this in my mortgage booklet... is this a usual charge?
  • I am a landlord of a block of flats in Borrowash, and the leaseholders are in the process of being granted lease extensions. I anticipate receiving funds within a month or so. As I am not on self assessment do I get in touch with the tax authorities ?
  • I'm living at parents but have a two bedroom second floor purpose built maisonette in Borrowash let out which has a 60 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Borrowash for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • We currently own a studio flat in Borrowash and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 56 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?

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