Sample questions relating to Ripley Lease Extensions

  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in Ripley - I wanted to see if with your services it is possible for this to be extended?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Ripley, and my lease will reach fivety six years this August. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I bought a maisonette in Ripley. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat located in Ripley. My offer is subject to the lease extension. The flat owner’s conveyancing practitioners has served 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 Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • We are selling our one bedroom apartment in Ripley but we may need a lease extension, or at least cover the expense of our buyers. Can you suggest a property lawyers to handle this?
  • I own a leasehold flat in Ripley. I have built a large extension and have not informed the leaseholder. What are my options?
  • My wife and I have a first floor flat in Ripley with 59 years remaining. Last year we were quoted a deal to grant a lease extension for a further thirty years but also increase ground rent from notional to £250 per year..plus a premium I think of about 10k. Finally we have decided to move forward but do we now have to renegotiate?
  • My apartment in Ripley is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want to extend the lease. How much will it likely cost to get a lease extension by, say,twenty years
  • I own the freehold reversion of a property in Ripley where the leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has upped this to £10,000 at the drop of a hat. My valuer has put forward a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • I have a lease of sixety four years remaining on my flat in Ripley. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Ripley

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