Top Ten Questions relating to Newark on Trent Lease Extensions

  • Hi, I just randomly found your website. I'm looking for prices on what a lease extension will cost for a garden flat based in Newark on Trent. It's on the market at the moment but has around 66 years of unexpired leasehold
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 65 years residual lease term.
  • I am looking for a in Newark on Trent and they need to be on the Chelsea Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a ?
  • I am going to purchase a flat in Newark on Trent. My offer is conditional upon a lease extension. The homeowner’s has given to the freeholder the Section 42 Notice. 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 Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • We are the registered owners of a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Newark on Trent and looking to do a vesting order. Is this something you can help us with?
  • Regarding a leasehold in Newark on Trent. GFF maisonette. fivety seven yrs remaining. I have an agreed lease extension to £12,000 for 125yrs. Freeholder also requested Initial Notice which I think should not be necessary. Can you assist.
  • We are looking to extend our lease having owned the place for two years as of 1st Feb 2015. It has nearly 72 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
  • My wife and I have been in discussion with our freeholder after having a valuation on our three bed flat in Newark on Trent. We have a sixety four year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he 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 to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I am currently negotiating a lease extension for my flat in Newark on Trent as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Newark on Trent

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