Examples of recent questions relating to Lease Extensions in Northop Hall

  • My wife and I are thinking about a lease extension for our garden flat located in Northop Hall and we are confused by the letter that we received from our landlord company. What's your solicitors fee?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Northop Hall and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Barclays Direct to free up equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease began in 1979 and since then the ground rent has been raised from £25.00 per year to £125 per annum.
  • I am concerned that my daughter is being hoodwinked. She submitted an offer on a maisonette in Northop Hall, where the lease is slightly more 70 years but she was advised by the selling agents that the owner had extended it to 99 years. Only now has she been told the seller was waiting for her to instruct solicitors before commencing with the lease extension. Seems odd to me, also it will take months to sort it all out. What do you think?
  • I am considering bidding for an auction property and identified a two bed flat in Northop Hall. It has just 48 year lease..the vendor being mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Nottingham Building Society?
  • We are considering purchasing a studio flat in Northop Hall which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • We would like to extend our lease. We will have been in the property for 2 years as of 13th April 2016. It has around 64 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I am looking to buy a one bed flat in Northop Hall for asking price of 156k, which has 74 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord 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?
  • I would like some guidance on leasehold property buying. We plan to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Northop Hall area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I'm seeking some assistance concerning a lease extension on my apartment. The intention is to do this sometime next year as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Can you recommend a good with expertise in lease extensions. Ideally nearby in Northop Hall?
  • I have seventy nine years remaining on my lease of a ground floor flat in Northop Hall, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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