Recently asked questions relating to Rufford Lease Extensions

  • I need to negotiate a lease extension for a flat in Rufford and want to use a local . Is there a that you can recommend?
  • I am concerned that my niece is being hoodwinked. She put in an offer on a studio flat in Rufford, where the lease is nearon seventy eight years but she was informed by the estate agents that the homeowner had extended it to 99 years. She has now been advised the flat owner was waiting for her to retain lawyers ahead of instigating the lease extension. Sounds underhand, also it could take a while to sort it all out. What do you think?
  • I am a landlord of a block of flats in Rufford, and the lessees are in the process of being issued lease extensions. I anticipate receiving the money next month. How does the tax work, the property is co-owned with my partner ?
  • I an interested in finding out more about purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Rufford area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • I'm living at parents but have a garden flat in Rufford let out which has a sixety three year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Rufford for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • We have been in discussion with our freeholder after having a valuation on our one bedroom ground floor purpose built maisonette in Rufford. We have a fivety five year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We are hoping to acquire a property (a garden flat inRufford with share of freehold). During our search, we were always looking at properties that had a minimum 83 years outstanding. We came across a place we fell in love with and the selling agent promised us that the lease term was not an issue. This morning our informed us the lease only has seventy seven years and thus requires a lease extension. Should we walk away, or do we negotiate our offer?
  • We currently own a studio flat in Rufford and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 69 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Rufford 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Rufford

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