Lease Extensions in Gainsborough

Questions and Answers: Gainsborough Lease Extensions

I agreed with the freeholder for a lease extension on our flat based in Gainsborough, 11k for an additional 90yrs. Can you please help us with this situation ?

I have shares in the freehold of buildings comprising of six flats each. Two of the leaseholders want to extend their leases and I'm wondering about the the process

I wondered if you could help me on how much it would charges and the optimum way to get a lease extension started? I have around seventy six years left and I own a maisonette in Gainsborough.

I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a maisonette in Gainsborough, where the lease is nearon seventy years but she was advised by the selling agents that the current owner had extended it to 99 years. She has now been advised the flat owner was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems odd to me, also it could take months to sort it all out. Am I reading too much into it?

I am a landlord of a block of flats in Gainsborough, and the leaseholders are in the process of being given lease extensions. I should hopefully get funds within a month or so. Are there any tax implications, the property is co-owned with my wife ?

My dad has a share of freehold, with two other leaseholders in a building in Gainsborough. House split into three apartments. He has a lease, which has slightly less than 73 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?

I note that your website states the anticipated fee to extend a lease is £495. Is that the total cost excluding value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Gainsborough

Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Gainsborough for a two bed flat - sec 42 having been issued?

I'm seeking some help with regard to a lease extension on my maisonette. I'll be looking to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. You are able to recommend a good who specialises in lease extensions. Ideally nearby in Gainsborough?

I am currently negotiating a lease extension for my flat in Gainsborough 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?

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