Shirebrook Lease Extensions

Shirebrook Lease Extensions: Q and A’s

I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has 75 years residual lease term

I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Shirebrook, and would like some figures on that.

I'm looking for a flat to purchase in Shirebrook and I'm not really familiar with the leasehold arrangement. I've identified a place I like with a 91 years lease. I've read that I can apply for a lease extension after a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?

I am a FTB of a leasehold flat in Shirebrook. The lease has only 57 years left and ground rent is £25. Is it possible for the current owner to serve the Section 42 Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the owner? Unfortunately the freeholder is absent, so I am not sure how this will play out.

I am a freeholder of a block of flats in Shirebrook, and the leaseholders are in the process of being given lease extensions. I should hopefully get funds next month. How does the tax work, the property is co-owned with my partner ?

Offer accepted on a a one bedroom ground floor purpose built maisonette in Shirebrook, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged within a week. My question is Is it not odd that my didn't pick this up far earlier than just before exchange?

My nephew has a share of freehold, with two other leaseholders in a building in Shirebrook. House divided into three flats. He has a lease, which has nearly fivety eight yrs left. How much would it cost for a lease extension and how many years would he need to extend by?

I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Shirebrook. I would be grateful if you can give me a call when you get a chance to discuss the case.

If somebody 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 note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Shirebrook

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