Retford Lease Extensions

Common questions relating to Retford Lease Extensions

I am looking for a in Retford and they should be on the Accord Mortgages Ltd approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?

I invested in buying a garden flat in Retford with a leasehold unexpired of sixety three years. I am enquiring about how much it will cost me to extend my leasehold

I invested in buying a studio flat in Retford. The start date for the lease was in 1992 for 99 years. Now I am looking to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?

My co-lessees and I are in a building of three flats in Retford and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

Is it possible to talk with you about a leasehold property in Retford, I am thinking of buying at auction next month. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.

I am concerned that my niece is being hoodwinked. She submitted an offer on a studio flat in Retford, where the lease is circa 61 years but she was advised by the estate agents that the owner had extended it to 99 years. Only now has she been told the current owner was waiting for her to retain solicitors ahead of instigating the lease extension. Sounds unscrupulous, also it will take a while to sort it all out. Am I being too sceptical?

I have a share of the freehold. There are five apartments in the building. All the leaseholders are now seeking lease extensions. What's your solicitors fee?

My son has a share of freehold, with two other leaseholders in a building in Retford. House divided into three apartments. He has a lease, which has around sixety eight yrs 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?

I am currently negotiating a lease extension for my flat in Retford as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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