Nottingham Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Nottingham Lease Extensions
I am a first time buyer of a leasehold flat in Nottingham. The lease has only 78 years outstanding and ground rent is £95. Is it possible for the homeowner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
I am concerned that my daughter might be having the wool pulled over her eyes. She put in an offer on a one bedroom first floor purpose built maisonette in Nottingham, where the lease is nearly 73 years but she was told by the estate agents that the homeowner had extended it to 99 years. Only now has she been told the flat owner was waiting for her to retain solicitors before commencing with the lease extension. Sounds unscrupulous, also it could take a while to sort it all out. Am I being too sceptical?
My partner and I have a GFF in Nottingham. There is eighty years left on the lease and we want a lease extension. How much does it cost on average to extend in this area by, say,45 years
I own a share of the freehold. There are four flats in the building. All the leaseholders are now seeking lease extensions. Are you able to help us with this situation?
I am the owner of a purpose-built flat in a large block in Nottingham. The leasehold interest in the flat on a 99 year lease started from 30th August 1969 with a set yearly rent of 20. I wish to obtain a lease extension. Can I call someone to go through my options please?
Me and my husband have owned a leasehold flat for approximately twenty years. There are 58 years left on the lease. Following a year of protracted negotiations through my conveyancers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome advice.
If somebody 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?
I own the freehold of a 2 bedroom flat in Nottingham. The leaseholders have 64 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
Are you able to provide an estimate to extend my mum’s lease on a 2 bed flat in Nottingham. She already has a figure from the freeholder for a lease extension but I am unclear whether it is too expensive.
I have a lease of 77 years remaining on my flat in Nottingham. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?