Questions and Answers: Gainsborough Lease Extensions

  • I have just completed on a ground floor flat based inGainsborough and I'm deliberating extending the lease as soon as possible e.g. in 24 months of ownership
  • So this is the scenario: I bought a one bed flat in Gainsborough that I am finding difficult to sell as a result of the lease needing a lease extension. How long will it take ?
  • My co-lessees and I are in a block comprising four flats in Gainsborough and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • My mortgage lender is requesting several hundred pounds for their conveyancers to agree a lease extension for my flat in Gainsborough... I can find no mention of this in my mortgage guide... is this a standard charge?
  • My father has a share of freehold, with two other leaseholders in a building in Gainsborough. House converted into three flats. He has a lease, which has about sixety two yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am looking to extend the lease on my one bedroom apartment in Gainsborough I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Georgian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 76 years. What are my next steps?
  • I'm intent on buying a flat in Gainsborough valued at £195,000 the flat has approximately 77 years unexpired on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, hoping I'd have moved in by now. The seller has just come back saying they'll reduce the price by£8k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We currently own a two bedroom first floor purpose built maisonette in Gainsborough and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • Do you handle lease extensions on land? (a plot of land in Gainsborough with 82yrs remaining)
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    Lease Extensions in Gainsborough

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