Sneinton Lease Extensions Example Support Desk Enquiries

  • We have just purchased a one bedroom apartment based inSneinton and I'm considering a lease extension as soon as I can e.g. after 24 months of ownership
  • I’m just looking for a ground floor flat to purchase in the Sneinton area and was interested in finding out how much would it cost for a lease extension? It has seventy one years left...
  • Hi. I need someone to have a look at my lease extension before it's completed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • I am a first time buyer of a leasehold flat in Sneinton. The lease has just 67 years balance left and ground rent is £50. Is it possible for the seller to serve the Section 42 Notice and then assign over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite 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 consuming to the owner? Unfortunately the freeholder can not be found, so I am not sure how does it work.
  • I'm living with my mum and dad but have a ground floor flat in Sneinton let out which has a seventy two 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 Sneinton 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 19k. Should I keep or sell the flat?
  • If a leaseholder owns a flat with a lease of under 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 doing it?
  • I have a freehold of a one bedroom flat in Sneinton. The leaseholders have 54 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • We know that others in the same building had already had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
  • I require an estimate to extend my aunt’s lease on a garden flat in Sneinton. She recently got a price from the freeholder for a lease extension but I am not sure it is too expensive.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Sneinton
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    Lease Extensions in Sneinton

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