Examples of recent questions relating to Lease Extensions in Grantham

  • 20,000 agreed with the landlord’s agents, just trying to find a Grantham conveyancing practitioners for a lease extension. Our lease has approximately seventy six yrsremaining. How long will this take ?
  • I invested in buying a property in Grantham and it has just over sixety six years balance left. I'd like to extend the lease period
  • I invested in buying a garden flat in Grantham. The start date for the lease was in 2001 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • We are in a building of four flats in Grantham and have been offered to buy the freehold for 8k 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'm looking for an apartment to buy in Grantham and I'm not really familiar with the leasehold concept. I've found a ground floor flat I like with a 90 years lease. My research reveals that I can get a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender The Royal Bank of Scotland?
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a ground floor flat in Grantham, where the lease is nearly 66 years but she was advised by the selling agents that the seller had extended it to 125 years. She has now been told the vendor was waiting for her to retain conveyancers prior to commencing with the lease extension. Sounds unscrupulous, also it will take months to sort it all out. Am I being too sceptical?
  • My husband and I have a leasehold flat in Grantham with seventy seven years unexpired. Last year we were quoted a deal to grant a lease extension for another fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to renegotiate?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • My OH and I have been in discussion with our freeholder after having a valuation on our 2 bed flat in Grantham. We have a sixety eight year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I have fivety seven years remaining on my lease of a ground floor flat in Grantham, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Grantham

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