Mapperley Lease Extensions

Mapperley Lease Extensions: Q and A’s

35k agreed with the freeholder, just attempting to find a Mapperley for a lease extension. Our flat has about 59 yrsremaining. How long will this take ?

I’m about to offer on a one bedroom apartment to purchase in the Mapperley area and was wondering what the likely fees would be to extend a lease? It has sixety four years as a balance left...

I'm planning to make an offer on a house in Mapperley but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays giving us the mortgage now?

I inherited a three bedroom ground floor purpose built maisonette located in Mapperley with a leasehold unexpired of fivety five years. I am curious about what it will cost me to extend my lease

I'm deliberating over buying a maisonette (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to extend lease and apply for RTM?

I am deliberating whether to purchase the freehold or a lease extension of my property in Mapperley and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Barclays to free up equity. My adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease started in 1981 and since then the ground rent has been raised from £38.00 per year to £200 per year.

I am a landlord of a block of flats in Mapperley, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving the money next week. As I am not on self assessment do I write to HMRC ?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I am the freeholder of a 1930’s property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 67 years. What are my next steps?

Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Mapperley for a one bed flat - section 42 having been issued?

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