Questions and Answers: Braunstone Lease Extensions

  • My name´s Omar. I’m house hunting in Braunstone I'm seeing a garden flat online, with circa sixety six years outstanding, how much will it likely cost to get a lease extension by, say, 45 years?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety four years left.
  • I am about to put an offer in on a one bedroom apartment in Braunstone with a lease of sixety one years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • Possibly made a mistake, I am seeking a property lawyers in Braunstone who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
  • I am about to view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 63 years outstanding on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • We are considering buying a garden flat in Braunstone which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Braunstone. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
  • I own the freehold reversion of a property in Braunstone and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I have 68 years remaining on my lease of a ground floor flat in Braunstone, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Braunstone

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