Examples of recent questions relating to Lease Extensions in South Normanton

  • I’m just looking for a one bed flat to purchase in the South Normanton area and was enquiring what the likely fees would be for a lease extension? It has seventy years outstanding...
  • My wife has an apartment located in South Normanton which we are about to put on the market. The leasehold has around 73 years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.
  • I want to acquire a leasehold property and extend the lease. The homeowner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking to purchase a one bedroom apartment in South Normanton with a lease of 59 years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • 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 am deliberating whether to purchase the freehold or a lease extension of my property in South Normanton and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Godiva Mortgages Ltd to free up equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per annum to £100 per annum.
  • We would like to extend our lease. We will have been in the property for 2 years as of 1st Feb 2015. It has around 77 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in South Normanton. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living at parents but have a studio flat in South Normanton let out which has a sixety three 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 South Normanton 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 13k. Should I keep or sell the flat?
  • We have a ground floor flat in South Normanton with a lease of seventy years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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