Recently asked questions relating to Gamston Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want to extend their leases and I'm wondering about the procedure for this
  • My wife has an apartment located in Gamston which we have just put on the market. The leasehold has about sixety nine years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • Possibly made an error, I am searching for a conveyancers in Gamston who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • I am about to view a two bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has seventy three years unexpired on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • My mortgage provider is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Gamston... I can find no reference of this in my mortgage contract... is this a usual cost that they charge?
  • I am a landlord of a block of flats in Gamston, and the leaseholders are in the process of being given lease extensions. I should hopefully get funds next month. How does the tax work, the property is in joint names with my husband ?
  • I own a share of the freehold. There are five flats in the block. All the leaseholders are now requiring lease extensions. Are you able to assist us with this situation?
  • My dad has a share of freehold, with two other leaseholders in a building in Gamston. House divided into three flats. He has a lease, which has roughly seventy eight years left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I have a freehold of a three bedroom flat in Gamston. The leaseholders have 73 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I am currently negotiating a lease extension for my flat in Gamston 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 Gamston

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