Frequently asked questions relating to Radcliffe on Trent Lease Extensions

  • My partner has a flat based in Radcliffe on Trent which we have just put on the market. The leasehold has nearly 74 years unexpired on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Thank you.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Radcliffe on Trent, and my lease will reach 65 years this July. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I plan on buying a flat located in Radcliffe on Trent. The offer is conditional upon a lease extension. The vendor’s lawyers has given to the freeholder the Section 42 Notice. 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • I am a freeholder of a block of flats in Radcliffe on Trent, and the leaseholders are in the process of being granted lease extensions. I should hopefully get the money next week. As I am not on self assessment do I contact the tax man ?
  • I would like some advice on purchasing a leasehold residence. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Radcliffe on Trent area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My father has a share of freehold, with two other leaseholders in a building in Radcliffe on Trent. House split into three flats. He has a lease, which has nearon 62 years outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • If a leaseholder 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?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Radcliffe on Trent
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Radcliffe on Trent for a three bed flat - sec 42 having been issued?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Radcliffe on Trent
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    Lease Extensions in Radcliffe on Trent

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Radcliffe on Trent