Top Ten Questions relating to Dronfield Lease Extensions

  • I want to buy a leasehold property and extend the lease. The owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a conveyancing practitioners in Dronfield and they should be on the Godiva Mortgages Ltd approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a lawyers ?
  • I purchased a garden flat in Dronfield. The lease started in 1998 for 99 years. Now I am wanting to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • The intention is to sell our garden flat in Dronfield but we may need to extend the lease, or possibly cover the costs of our buyers. Can you suggest a property lawyers to undertake the legal formalities?
  • Regarding a residence in Dronfield. GFF maisonette. fivety four yrs remaining. I have an agreed lease extension to £20k for 135yrs. Freeholder also requested Section 42 Notice which I think should not be necessary. Can you assist.
  • 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?
  • I am looking to extend the lease on my 2 bed flat in Dronfield I am looking for help to verify the premium. I have a quote from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a property in Dronfield where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this to £10,000 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 a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • My and my fiance know that others in the same block previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation fees. Would you suggest this course of action?
  • I am currently negotiating a lease extension for my flat in Dronfield 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?
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    Lease Extensions in Dronfield

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