Lease Extensions in Caistor

Sample questions relating to Caistor Lease Extensions

My neighbours and I are in a block consisting of four flats in Caistor and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I bought a studio flat in Caistor. I am looking for a lease extension on the property. It is nearly eighty one years. I would just like to know what your charges are and how long it would take for completion.

I am about to view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 79 years balance left on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?

My mortgage provider is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Caistor... I am unable to find any reference of this in my mortgage literature... is this a standard fee to pay?

I am a landlord of a block of flats in Caistor, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds next week. As I am not on self assessment do I write to the tax authorities ?

Re a property in Caistor. GFF maisonette. 63 yrs left. I have an agreed lease extension to £14k for 125yrs. Landlord also requested Notice of Claim which I think should not be required. Can you assist.

I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Caistor. I occupy in the top flat. I was reviewing the land registry documents yesterday when I noticed that my flat has a lease on it. There is 60 years residual lease term. Is it possible to do a lease extension without using a ?

Are you able to provide an estimate to extend my aunt’s lease on a maisonette in Caistor. She recently got a price from the landlord for a lease extension but I am far from certain if it is too high.

I am currently negotiating a lease extension for my flat in Caistor as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

We have a one bed flat in Caistor with a lease of 64 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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