Top Ten Questions relating to Newark on Trent Lease Extensions

  • I’m about to offer on a a property to buy in the Newark on Trent area and was after more information on how much would it cost for a lease extension? It has sixety five years as a balance left...
  • Hi, I stumbled upon your website. I'm looking for prices on what a lease extension will cost for a maisonette based in Newark on Trent. It's on sale at the moment but has just under 62 years left on the lease
  • I am about to put an offer in on a garden flat in Newark on Trent with a lease of fivety seven years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • We bought a leasehold with a freeholder who has failed to give us 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?
  • My mortgage lender requires a £500 fee for their lawyers to agree a lease extension for my flat in Newark on Trent... I can find no mention of this in my mortgage booklet... is this a standard charge?
  • Re a residence in Newark on Trent. lower maisonette. 54 yrs remaining. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also requested Section 42 Notice which I think should not be necessary. Can you assist.
  • I am looking to buy a one bed flat in Newark on Trent for asking price of 156k, which has 69 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Me and my wife have owned a leasehold flat for around twenty years. There are seventy six years remaining on the lease. Following a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety seven years. I need a lawyers at my end. Can you advise please? I live near Newark on Trent and have a mortgage with Nottingham Building Society.
  • We are concerned about getting a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the freeholder still tried to get ground rent of £250 increasing by 100% every twenty five years of the new term. Can you assist?
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    Lease Extensions in Newark on Trent

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