Frequently asked questions relating to Norris Green Lease Extensions

  • I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm wondering about the the process
  • I am looking to extend the lease on my one bedroom apartment in Norris Green which will have 78 years left in June. What fees do you charge for this?
  • I need to extend my existing lease can you assist? I think it has fivety eight years left
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has sixety years unexpired.
  • I am going to purchase a flat based in Norris Green. The offer is subject to the lease extension. The current owner’s property lawyers 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • Are you able to advise on the likely charges and the optimum way to get a lease extension started? I have around sixety eight years left and I own a ground floor flat in Norris Green.
  • I am a landlord of a block of flats in Norris Green, and the lessees are in the process of being issued lease extensions. I should hopefully get the money next month. How does the tax work, the property is co-owned with my wife ?
  • We wish to extend our lease having owned the flat for two years as of 1st March 2015. It has around seventy years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Norris Green. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
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    Lease Extensions in Norris Green

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