Sneinton Lease Extensions

Questions and Answers: Sneinton Lease Extensions

We agreed with the freeholder to a lease extension on our flat in Sneinton, 15k for an additional 90yrs. What's your legal fee ?

My name´s Jayden. I’m flat hunting in Sneinton I'm seeing a maisonette online, with around 74 years remaining, how much does it cost on average to extend in this area by, say, 35 years?

I invested in buying a property in Sneinton and it has nearly 65 years left. I'd like to arrange a lease extension by twenty years

I'm wanting to make an offer on a house in Sneinton but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Clydesdale giving us the mortgage now?

I am looking for a in Sneinton and they should be on the Coventry Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?

I am a freeholder of a block of flats in Sneinton, and the lessees are in the process of being granted lease extensions. I anticipate receiving funds within a month or so. How does the tax work, the property is in joint names with my wife ?

I am considering bidding for an auction property and identified a studio flat in Sneinton. It only has a 49 year lease..the seller as mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with HSBC Bank?

My fiance and I have owned a leasehold flat for about eighteen years. There are seventy two years outstanding on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.

I'm looking for some advice with regard to extending the lease on my apartment. The plan is to do this next summer as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

I am currently negotiating a lease extension for my flat in Sneinton 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?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Sneinton