Frequently asked questions relating to Keyworth Lease Extensions

  • I inherited a flat in Keyworth with a leasehold unexpired nearly 74 years and need a lease extension. Please can you advise me of the next stages
  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Keyworth - I wanted to see if with your services this could be extended?
  • My co-lessees and I are in a building made up four flats in Keyworth and have been offered to buy the freehold for 5k 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?
  • Is it possible to talk with you about a flat in Keyworth, I am thinking of bidding at auction next week. The flat only has a few years unexpired lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am looking to either purchase the freehold or a lease extension of my property in Keyworth and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously get a new mortgage with Halifax to release of equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per annum to £200 per annum.
  • In 2012 I purchased a leasehold apartment in Keyworth. I have built a large extension and have not informed the freeholder. What are my options?
  • I'm looking for an apartment to purchase in Keyworth and I'm not really familiar with the leasehold title. I've identified a studio flat I like with a 91 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Platform Home Loans Ltd?
  • We have a leasehold flat in Keyworth with seventy two years left. Ten months ago we were quoted a deal to receive a lease extension for another thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to renegotiate?
  • I am currently negotiating a lease extension for my flat in Keyworth 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?
  • We have a 2 bed flat in Keyworth with a lease of fivety eight years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Keyworth