Examples of recent questions relating to Lease Extensions in Darnall

  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the the process
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 71 years unexpired.
  • I am about to put an offer in on a one bedroom apartment in Darnall with a lease of 58 years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Darnall, and my lease will reach 62 years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Darnall, where the lease is slightly less fivety seven years but she was told by the estate agents that the current owner had extended it to 99 years. She has now been informed the vendor was waiting for her to appoint solicitors prior to commencing with the lease extension. Seems underhand, also it will take a while to sort it all out. Am I reading too much into it?
  • My husband and I have a residential flat in Darnall with sixety five years remaining. Last year we were quoted a deal to grant a lease extension for a further thirty years but also increase ground rent from notional to £200 per year..plus a premium I think of about 16k. Finally we have decided to go ahead but do we now have to renegotiate?
  • Offer accepted on a a studio flat in Darnall, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 82 years.We are soon to exchange contracts within a week. My question is Have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy three years. What are my next steps?
  • Coming up to two years that I have owned my two bedroom second floor purpose built maisonette in Darnall. I have seventy five years left on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • I am planning on remortgaging my studio flat in Darnall and the bank that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around fivety six years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • Other Topics

    Lease Extensions in Darnall

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