FAQs concerning St Nicholas Lease Extensions

  • 35k agreed with the landlord, just seeking to find a St Nicholas solicitors for a lease extension. Our lease has slightly less 73 yrsremaining. What's your solicitors fee ?
  • My partner has an apartment located in St Nicholas which we have just put on the market. The leasehold has around 57 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 798 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 twenty years without the house being ours. Any information would be much appreciated.
  • I am looking to purchase a two bedroom first floor purpose built flat in St Nicholas with a lease of 69 years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • We own a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in St Nicholas and looking to do a vesting order. Is this something you can handle for us?
  • I need to talk to you about a leasehold property in St Nicholas, I am considering buying at auction next month. The flat only has a few years remaining and I was wondering about what it would cost to get a lease extension and for your services.
  • We have a first floor flat in St Nicholas with 58 years remaining. Last year we were quoted a deal to receive a lease extension for another thirty years but also increase ground rent from notional to £200 per year..plus a premium I think of approximately 16k. Finally we have decided to go ahead but do we now have to renegotiate?
  • My conveyancing practitioners (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?
  • My fiance and I are hoping to purchase a property (a one bed flat based inSt Nicholas with share of freehold). Throughout our search, we were always looking at apartments that had a minimum 84 years residual lease term. We identified a place we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our conveyancing practitioners advised us the lease only has seventy four years and therefore needs a lease extension. Do we walk away, or should 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 wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in St Nicholas
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    Lease Extensions in St Nicholas

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