Common questions relating to Nuneaton Lease Extensions

  • I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Nuneaton - I wanted to see if with your services this could be extended?
  • I am going to purchase a flat in Nuneaton. The offer is subject to the lease extension. The vendor’s lawyers has served the Notice of Claim. 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 Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • I am thinking about whether to purchase the freehold or a lease extension of my property in Nuneaton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Santander to release of equity. The broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has increased from £25.00 per annum to £125 per annum.
  • Regarding a leasehold in Nuneaton. lower maisonette. 63 yrs unexpired. I have an agreed lease extension to £20k for 125yrs. Freeholder also insisted on Initial Notice which I think should not be necessary. Advice required.
  • My property lawyers (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 nephew has a share of freehold, with two other leaseholders in a building in Nuneaton. House converted into three apartments. He has a lease, which has about 67 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my studio flat in Nuneaton
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Nuneaton. I live in the top flat. I was looking at the land registry documents today when I noticed that my flat is leasehold. There is 76 years outstanding. If I want a lease extension then would I just be paying for the solicitors fees?
  • My and my husband are concerned about seeking a lease extension from a difficult freeholder. Even though the correct procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £200 increasing by 100% every 25 years of the new term. Can you assist?
  • I have 64 years remaining on my lease of a ground floor flat in Nuneaton, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
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    Lease Extensions in Nuneaton

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