Duffield Lease Extensions: Q and A’s

  • So this is the scenario: I bought a garden flat in Duffield that I am finding difficult to sell as a result of the lease requiring a lease extension. Are you able to help me with this situation ?
  • I am looking for a lease extension on the lease on my maisonette in Duffield which will have 62 years left in November. What fees are applicable?
  • I have got a leasehold flat in the Duffield area and was curious whether I could obtain a lease extension. What are your processes and charges. There are seventy six years residual lease term
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not required. 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 plan on buying a flat based in Duffield. My offer is conditional upon a lease extension. The homeowner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Duffield, and would like some figures on that.
  • My mortgage lender requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Duffield... I am unable to find any reference of this in my mortgage guide... is this a standard fee to pay?
  • I intend to buy a one bed flat in Duffield for asking price of 156k, which has sixety years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My (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 in need of some help with a lease extension. I live in Glasgow but the property in question is based in Duffield. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Duffield