Keyworth Lease Extensions: Q and A’s

  • I have been in touch with my freeholder for a lease extension for my flat in Keyworth. His solicitors has been in contact regarding costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started December 1986.
  • I'm thinking of purchasing a three bed flat (leasehold) but the freeholder has been missing for approximately 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to get a lease extension and apply for RTM?
  • I am the registered owner of a ground floor flat in Keyworth. I am looking for a lease extension on the property. It is approaching eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I am a first time buyer of a leasehold flat in Keyworth. The lease has just 70 years balance left and ground rent is £50. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the vendor? Unfortunately it’s the case of an missing landlord, so I am not sure how this will play out.
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a ground floor flat in Keyworth, where the lease is nearon sixety six years but she was informed by the selling agents that the owner had extended it to 99 years. She has now been advised the vendor was waiting for her to appoint solicitors ahead of instigating the lease extension. Sounds devious, also it will take months to sort it all out. What do you think?
  • My mortgage provider requires a £450 fee for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Keyworth... I can find no mention of this in my mortgage booklet... is this a standard cost that they charge?
  • We are looking to extend our lease having owned the apartment for 2 years as of 22nd Feb 2015. It has slightly less than 70 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
  • I am in need of some help with a lease extension. I live in Belfast but the property in question is based in Keyworth. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • My husband and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Keyworth. We have a fivety eight year lease and we wish to increase this to 99. The Freeholder has supplied 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 solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I am planning on remortgaging my maisonette in Keyworth and the new lender that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 73 years on the leasehold so looking for some help, guidance, and some quotes to set the wheels in motion for a lease extension
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    Lease Extensions in Keyworth

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