Frequently asked questions relating to Gedling Lease Extensions

  • I am looking to extend the lease on my studio flat in Gedling which will have 72 years left in November. What fees do you charge for this?
  • I want to purchase a leasehold property and lease extension. The seller has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £215k and we are very interested but we've just found out that it is leasehold. There are 899 years left 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 correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.
  • We are selling our GFF in Gedling but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to suggest a to help us?
  • My co-lessees and I are in a block made up five flats in Gedling 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?
  • I am about to view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 68 years unexpired on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • Offer accepted on a a maisonette in Gedling, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.We are soon to exchange contracts in a couple of days. My question is why has this only just been brought to my attention by my ?
  • I am the owner of a purpose-built flat in a large development in Gedling. The leasehold interest in the apartment on a ninety five year lease which commenced on 30th March 1972 with a set yearly rent of 45. I wish to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • Me and my partner would like to know the cost of a lease extension valuation for a property based in Gedling. Is this something you can assist us with?
  • I'm living with my mother and father but have a garden flat in Gedling let out which has a 69 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 Gedling 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. Not sure sure whether to hold on or sell the flat?

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