Lease Extensions in Nettleham

Questions and Answers: Nettleham Lease Extensions

Hi, I just randomly found your website. I'm seeking prices on what a lease extension will cost for a garden flat in Nettleham. It's on the market at the moment but has slightly less than seventy two years outstanding on the lease

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy three years outstanding.

I bought a three bedroom ground floor purpose built flat in Nettleham. The start date for the lease was in 1997 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

I plan on buying a flat based in Nettleham. My offer is conditional upon a lease extension. The flat owner’s has served the Notice of Claim. 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 Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?

My co-lessees and I are in a building made up five flats in Nettleham and have been offered to buy the freehold for £6000 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 Nettleham. The lease has just 78 years unexpired and ground rent is £75. Is it possible for the homeowner to serve the Notice of Claim and then assign this right to me as the buyer once I complete the buying process 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 may be possible but will it be very time consuming to the seller? To add to the complexity the landlord can not be found, so I am not sure how does it work.

My mortgage lender is requesting a £500 fee for their to approve the lease extension deed for my flat in Nettleham... I am unable to find any mention of this in my mortgage literature... is this a usual charge?

I am planning to extend the lease on my ground floor flat in Nettleham I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.

My wife and I are aware that others in the same block previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend such a course of action?

Do you handle lease extensions on land? (a plot of land in Nettleham with 82yrs remaining)

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Nettleham