FAQs concerning Castleton Lease Extensions

  • We are seeking a lease extension for our garden flat located in Castleton and we don't fully comprehend the communication that we got from our freehold company. Can you please assist us with this situation?
  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want a lease extension and I'm curious about the the process
  • I want to purchase a leasehold property and lease extension. The homeowner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any feedback would be much appreciated.
  • I will soon view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 77 years unexpired on the lease. It is also a repo so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • How much will I need to spend and what is the best way to start the lease extension process? I have approximately seventy nine years left on my lease on a studio flat in Castleton. I have emailed the agent who act on behalf of the head landlord and they gave me the number of the valuer. I telephone the valuer but I am not getting any kind of answer.
  • We have a first floor flat in Castleton with 75 years unexpired. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from notional to a little more..plus a premium I think of about 16k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • We would like to extend our lease. We will have been in the apartment for 2 years as of 21st May 2015. It has nearon 55 years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
  • We are hoping to purchase a flat (a garden flat located inCastleton with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years left on the lease. We found a place we liked and the selling agent promised us that the lease was long albeit not specifying a number. This morning our conveyancers told us the lease only has fivety five years and thus requires a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Castleton
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    Lease Extensions in Castleton

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Castleton