Long Eaton Lease Extensions: Q and A’s

  • Hello. I need a to review my lease extension ahead of it being completed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • My neighbours and I are in a building of five flats in Long Eaton and have been offered to buy the freehold for £3,500 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 a first time buyer of a leasehold flat in Long Eaton. The lease has only sixety three years balance left and ground rent is £25. Is it possible for the flat owner to serve the Notice of Claim and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year requisite 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 seller? Unfortunately it’s the case of an absent landlord, so I am not sure how does it work.
  • We have a one bedroom flat based in Long Eaton. There is 81 years remaining on the lease and we want to extend the lease. How much does it cost on average to get a lease extension by, say,thirty years
  • We are proceeding with buying a studio flat in Long Eaton. I was advised by the EA that the lease extension had already been completed while on a viewing (75 years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The vendor supposedly has a quote but no finances to extend and consequently the current owner wishes to exchange and use the deposit monies to extend the lease. My question is why has this only just been brought to my attention by my ?
  • Me and my partner have owned a leasehold flat for approximately eighteen years. There are 55 years remaining on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.
  • Hi I am the freeholder title in a 3 bedroom flat in Long Eaton. The leaseholder has a seventy five year lease and would like to purchase an additional 90 years. She is offering me £27,000 but I am not sure if this is a correct amount
  • I own the freehold reversion of a property in Long Eaton where the leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • Are you able to provide an estimate to extend my aunt’s lease on a one bedroom ground floor purpose built flat in Long Eaton. She recently got a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.
  • We have a 2 bed flat in Long Eaton with a lease of 69 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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