Frequently asked questions relating to Sprotbrough Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want to extend their leases and I'm enquiring about the the process
  • I am looking to extend the lease on my garden flat in Sprotbrough which will have sixety years left in August. What fees do you charge for this?
  • I have got a leasehold flat in the Sprotbrough area and was curious whether I could get a lease extension. What are your processes and fees. There are 57 years remaining
  • I am looking for a property lawyers in Sprotbrough and they need to be on the Alliance & Leicester approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a conveyancing practitioners ?
  • I am a first time buyer of a leasehold flat in Sprotbrough. The lease has only 78 years unexpired and ground rent is £50. Is it possible for the seller to serve the Initial Notice and then assign over the right to me as the purchaser on the day of completion 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 the landlord is absent, so I am not sure how this will play out.
  • Regarding a property in Sprotbrough. upper maisonette. 70 yrs unexpired. I have negotiated a lease extension price of £20k for 115yrs. Freeholder also requested Section 42 Notice which I think should not be required. Can you assist.
  • We are in the throws of buying a property (a two bedroom ground floor purpose built maisonette inSprotbrough with share of freehold). During our search, we were always looking at apartments that had a minimum ninety years outstanding. We found a apartment we liked and the selling agent promised us that the lease term was not an issue. Today our solicitors informed us the lease only has seventy two years and thus requires a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We currently own a studio flat in Sprotbrough and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 71 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Sprotbrough 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my three bed flat in Sprotbrough
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    Lease Extensions in Sprotbrough

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