Nelson Lease Extensions

FAQs concerning Nelson Lease Extensions

My name´s Riley. I’m property hunting in Nelson I'm thinking about offering on a garden flat online, with slightly less 56 years outstanding, how much does it cost on average to extend in this location by, say, ninety years?

My wife has an apartment in Nelson which we are about to put on the market. The leasehold has circa sixety six years unexpired on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.

I want to buy a leasehold property and lease extension. The current owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has seventy years unexpired.

We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 928 years outstanding so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.

I am about to put an offer in on a 2 bed flat in Nelson with a lease of 68 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.

I am the owner of a maisonnette together with the freehold of both flats. The owners of the downstairs flat have asked to extend the lease what do I need to do?

Last year I purchased a leasehold flat in Nelson. I have built a big extension and have not informed the leaseholder. What are my options?

I am a first time buyer of a leasehold flat in Nelson. The lease has just sixety one years balance left and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the vendor? To add to the complexity it’s the case of an absent freeholder, so I am not sure how this will play out.

Although I do not need a lease extension but I do need a vesting order on a property I want to acquire in Nelson. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the rear garden.

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