Sample questions relating to Newark Lease Extensions

  • I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Newark - I wanted to see if with your services it is possible for this to be extended?
  • I am the owner of a maisonnette and the freehold title. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • How much will I need to spend and what is the best way to start the lease extension process? I have roughly sixety four years unexpired lease on my lease on a ground floor flat in Newark. I have called the agent who act on behalf of the freeholder and they gave me the number of the valuer. I left a phone message for the surveyor but I am not getting any kind of response.
  • We have a ground floor flat in Newark with fivety five years left. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from notional to £200 per annum..plus a premium I think of approximately 16k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • My apartment in Newark is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want a lease extension. What will it likely cost to extend in this location by, say,thirty years
  • I'm living with my mum and dad but have a two bedroom first floor purpose built flat in Newark let out which has a 54 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 Newark 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 13k. Not sure sure whether to hold on or sell the flat?
  • My OH and I have been in discussion with our freeholder after having a valuation on our three bed flat in Newark. We have a 70 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount 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 conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We are are hoping to complete on a maisonette in Newark which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our conveyancers to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to wait until the new lease is registered?
  • I require an estimate to extend my mum’s lease on a garden flat in Newark. She recently got a price from the landlord for a lease extension but I am far from certain if it is reasonable.
  • I am currently in the process of refinancing my garden flat in Newark and the bank that I am looking to move to requires at least 80 years remaining on the lease in order for them to progress matters. I have found that I currently have around seventy two years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • Other Topics

    Lease Extensions in Newark

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