FAQs concerning Snaith Lease Extensions

  • I bought a flat in Snaith with a leasehold unexpired roughly sixety eight years and need a lease extension. Please can you clarify the next stages
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Snaith, and my lease will reach 68 years this March. 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 am a landlord of a block of flats in Snaith, and the lessees are in the process of being issued lease extensions. I anticipate receiving the money within a month or so. As I am not on self assessment do I contact the Inland Revenue ?
  • My partner and I have a leasehold flat in Snaith with seventy six years unexpired. Last year we were quoted a deal to grant a lease extension for another fifty years but also increase ground rent from nominal to £200 per annum..plus a premium I think of about 9k. We have now decided to go ahead but do we now have to renegotiate?
  • We have owned a leasehold flat for around twenty years. It now has 73 years outstanding on the lease. After a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I am the freeholder of a 1930’s property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 67 years. What are my next steps?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Snaith. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my one bedroom second floor purpose built flat in Snaith
  • Hello I own the freehold title in a 2 bedroom flat in Snaith. The leaseholder has a fivety seven year lease and would like to purchase another 90 years. He is offering me £21,000 but I am unsure if this is in the right ballpark
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    Lease Extensions in Snaith

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