Top Ten Questions relating to Edwinstowe Lease Extensions

  • Me and my wife have just purchased a garden flat located inEdwinstowe and I'm deliberating extending the lease as soon as I can e.g. after 24 months of ownership
  • I invested in buying a garden flat in Edwinstowe with a leasehold unexpired of 57 years. I am wondering about how much it will cost me to extend my lease term
  • My mortgage provider requires a £450 fee for their property lawyers to agree a lease extension for my flat in Edwinstowe... I can find no mention of this in my mortgage guide... is this a standard cost that they charge?
  • We are considering purchasing a 2 bed flat in Edwinstowe which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • I own a purpose-built flat located in a large development in Edwinstowe. The leasehold interest in the flat on a 101 year lease started on 30th January 1980 with a fixed yearly rent of 20. I would like to obtain a lease extension. Can I call someone to go through my options please?
  • My nephew has a share of freehold, with two other leaseholders in a building in Edwinstowe. House converted into three apartments. He has a lease, which has nearly 65 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • Me and my wife have owned a leasehold flat for around eighteen years. There are 67 years outstanding on the lease. After a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.
  • I'm living at mum and dad but have a maisonette in Edwinstowe let out which has a 57 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 Edwinstowe 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 21k. Should I keep or sell the flat?
  • I own the freehold reversion of a property in Edwinstowe and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has put forward a much higher amount. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • We have a studio flat in Edwinstowe with a lease of sixety three years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Edwinstowe

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