Common questions relating to Nelson Lease Extensions

  • I invested in buying a ground floor flat in Nelson that I now cannot sell due to the lease requiring a lease extension. Can you please help me with this situation ?
  • I own a leasehold flat in the Nelson area and was enquiring if I could get a lease extension. What are your processes and charges. There are 61 years balance left
  • The terms for the lease on my flat in Nelson are 95 years from 1 Sep 1989. Please supply me me a quote for a lease extension if I give you more specifics please?
  • I will soon view a two bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 68 years left on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage lender is requesting several hundred pounds for their solicitors for a "deed of substituted security" for the lease extension for my flat in Nelson... I am unable to find any reference of this in my mortgage contract... is this a usual fee to pay?
  • My leasehold flat in Nelson is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want to extend the lease. What does it cost on average to get a lease extension by, say,ninety years
  • Me and my partner have owned a leasehold flat for approximately fifteen years. There are 64 years left on the lease. Following a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • I'm living at parents but have a one bed flat in Nelson let out which has a 71 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Nelson for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • My brother and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Nelson. We have a 71 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Nelson
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    Lease Extensions in Nelson

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