Top Ten Questions relating to Kirkby in Ashfield Lease Extensions

  • I have got a leasehold flat in the Kirkby in Ashfield area and was enquiring if I could obtain a lease extension. What are your processes and charges. Has sixety seven years left
  • I invested in buying a 2 bed flat based in Kirkby in Ashfield with a leasehold unexpired of sixety nine years. I am curious about what it will cost me to extend my lease
  • I own a leasehold flat in Kirkby in Ashfield. I have built a large extension and have not informed my freeholder. What are my options?
  • I would like to know the likely expense and the optimum way to start the lease extension process? I have just over fivety four years unexpired lease and I own a garden flat in Kirkby in Ashfield.
  • My partner and I have a residential flat in Kirkby in Ashfield with 60 years unexpired. Last year we were quoted a deal to receive a lease extension for another thirty years but also increase ground rent from notional to £300 per annum..plus a premium I think of about 16k. We have now decided to proceed but do we now have to renegotiate?
  • I am the freeholder of a 1930’s property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 72 years. What are my next steps?
  • If somebody owns a flat with a lease of less than 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 extending the lease?
  • I am currently negotiating a lease extension for my flat in Kirkby in Ashfield 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Kirkby in Ashfield
  • Do you handle lease extensions on land? (a plot of land in Kirkby in Ashfield with 82yrs remaining)

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