Sprotbrough Lease Extensions

Sprotbrough Lease Extensions Example Support Desk Enquiries

I’m about to offer on a one bedroom ground floor purpose built maisonette to buy in the Sprotbrough area and was curious how much would it cost for a lease extension? It has 59 years residual lease term...

I own a property in Sprotbrough and it has around 65 years left. I'd like to arrange a lease extension by twenty years

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 899 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.

Do you only undertake lease extensions in Sprotbrough? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .

I am a freeholder of a block of flats in Sprotbrough, and the leaseholders are in the process of being given lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I get in touch with the Inland Revenue ?

My wife and I have a residential flat in Sprotbrough with seventy eight years to run. Last year we were quoted a deal to receive a lease extension for another 25 years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 10k. Finally we have decided to go ahead but do we now have to renegotiate?

Offer accepted on a a ground floor flat in Sprotbrough, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 82 years.Contracts were due to be exchanged in a couple of days. My query is why has this only just been brought to my attention by my ?

Just been over 2 years that I have been in my garden flat in Sprotbrough. I have 66 years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?

My wife and I are aware that others in the same block had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?

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?

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