Lease Extensions in Nunthorpe

Common questions relating to Nunthorpe Lease Extensions

My name´s Gabriel. I’m property hunting in Nunthorpe I'm considering offering on a garden flat online, with roughly 60 years unexpired lease, how much will it likely cost to get a lease extension by, say, twenty years?

I think our has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint

I want to acquire a leasehold property and extend the lease. The current owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

Think I may have made a mistake, I am searching for a in Nunthorpe who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?

I am a freeholder of a block of flats in Nunthorpe, and the lessees are in the process of being granted lease extensions. I should hopefully get funds next month. As I am not on self assessment do I write to the tax authorities ?

I am looking to buy a one bed flat in Nunthorpe for asking price of 125k, which has 58 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am the registered freeholder to two flats. Someone has the lease on the ground flat in Nunthorpe. I reside in the upper flat. I was reviewing the title deeds yesterday when I noticed that my flat has a lease on it. There is fivety four years remaining. If I want a lease extension then would I just be paying for the charges?

I know that others in the same building had already had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend such a course of action?

I'm looking for some advice with regard to a lease extension on my ground floor flat in Nunthorpe. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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