Common questions relating to South Normanton Lease Extensions

  • I am interested in getting a lease extension for a flat in South Normanton and want to use a local . Is there a that you can recommend?
  • I inherited a studio flat based in South Normanton with a leasehold unexpired of 57 years. I am enquiring about what I will need to spend to extend my lease
  • I am a first time buyer of a leasehold flat in South Normanton. The lease has only 71 years unexpired and ground rent is £25. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process 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 consuming to the owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how this will play out.
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a one bedroom apartment in South Normanton, where the lease is roughly seventy nine years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been advised the vendor was holding off for her to appoint solicitors prior to commencing with the lease extension. Sounds unscrupulous, also it may take months to sort it all out. Am I reading too much into it?
  • I am looking at acquiring an auction property and found a one bed flat in South Normanton. It has just fifty year lease..the current owner being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the drawbacks of this other than the costly fee to put a new lease on it and reduced chance of obtaining a mortgage with Santander?
  • I am in need of a lease extension for my flat in South Normanton and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am looking to extend the lease on my three bedroom ground floor purpose built flat in South Normanton I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom first floor purpose built maisonette in South Normanton
  • We have a one bedroom apartment in South Normanton with a lease of sixety years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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