Caistor Lease Extensions

Caistor Lease Extensions: Q and A’s

I need to negotiate a lease extension for a flat in Caistor and want to use a local . Is there a that you can recommend?

I am looking into the costs of carrying out a lease extension for my GFF in Caistor, and would like some figures on that.

We acquired a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Caistor and are therefore deliberating the option of a vesting order. Is this something you can handle for us?

I will soon view a one bedroom apartment, although not exactly my dream 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 54 years outstanding on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?

I am looking at buying an auction property and identified a two bed flat in Caistor. It only has a 41 year lease..the seller 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 Nationwide Building Society?

Regarding a leasehold in Caistor. upper maisonette. sixety two yrs remaining. I have an agreed lease extension to £20k for 135yrs. Freeholder also insisted on Section 42 Notice which I think should not be required. Advice required.

I'm living at mum and dad but have a garden flat in Caistor let out which has a 64 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 Caistor 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?

I'm intent on buying an apartment in Caistor at a price of £210,000 the flat has approaching fivety seven years left on the lease. I put in an offer subject to the lease being renewed... .. that was back in November, hoping I'd have moved in before Christmas. They have just come back saying that they are prepared to reduce the price by£8k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer

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 three bedroom ground floor purpose built maisonette in Caistor with a lease of seventy eight years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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