Common questions relating to Nottingham Lease Extensions

  • I bought a flat in Nottingham with a leasehold unexpired approximately 78 years and need to extend it. Please can you clarify the next steps
  • I have a lease of seventy five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I invested in buying a maisonette based in Nottingham with a leasehold unexpired of 54 years. I am wondering about how much it will cost me to extend my lease
  • I'm considering buying a ground floor flat (leasehold) but the freeholder has been missing for nearon 15yrs. My question is would it be less expensive to try to purchase the freehold or to get a lease extension and apply for RTM?
  • I am about to view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety five years outstanding on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • Ref a leasehold in Nottingham. upper maisonette. fivety five yrs remaining. I have negotiated a lease extension price of £20k for 115yrs. Freeholder also requested Notice of Claim which I think is a bit over the top. Can you assist.
  • I am looking to buy a one bed flat in Nottingham for asking price of 145k, which has sixety five 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 easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My husband and I are buying a maisonette in Nottingham which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must be patient pending registration of the new lease?
  • I own the freehold of a couple of flats. Someone has the lease on the garden flat in Nottingham. I occupy in the upper flat. I was looking at the title deeds recently when I noticed that my flat is leasehold. There is sixety seven years residual lease term. Can one carry out a lease extension without instructing a ?
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