FAQs concerning Long Eaton Lease Extensions

  • I agreed with the landlord for a lease extension on our flat located in Long Eaton, 10.5k for a further 90yrs. What's your legal fee ?
  • Hello, I just randomly found this website. I'm seeking prices on what it cost to extend a lease of a studio flat located in Long Eaton. It's on sale at the moment but has nearon 61 years left on the lease
  • I am going to purchase a flat based in Long Eaton. The offer is subject to the lease extension. The seller’s conveyancing practitioners has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm looking for an apartment to buy in Long Eaton and I'm not really familiar with the leasehold title. I've found a one bedroom apartment 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 National Westminster Bank?
  • We are considering purchasing a two bedroom first floor purpose built maisonette in Long Eaton which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I would like some help on purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Long Eaton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my maisonette in Long Eaton
  • I'm intent on purchasing a flat in Long Eaton at a price of £210,000 the flat has approaching sixety six years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in September, hoping I'd have moved in by Christmas. They have just informed the agent that they are prepared to reduce the price by£7k if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • I own the freehold reversion of a property in Long Eaton and a leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to face?
  • I am currently negotiating a lease extension for my flat in Long Eaton 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?
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    Lease Extensions in Long Eaton

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