FAQs concerning St Nicholas Lease Extensions

  • I think our has advised us incorrectly concerning a lease extension and I want to know how to go about making a formal complaint
  • I have been in touch with my freeholder to extend my lease for my flat in St Nicholas. Her has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started Septembmer 1984.
  • I plan on buying a flat located in St Nicholas. My offer is subject to the lease extension. The vendor’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 74 years unexpired on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • My mortgage lender is requesting several hundred pounds for their to approve the lease extension deed for my flat in St Nicholas... I can find no reference of this in my mortgage guide... is this a usual charge?
  • My brother and I have owned a leasehold flat for approximately twenty years. It now has 76 years outstanding on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • I own the freehold of a 2 bedroom flat in St Nicholas. The leaseholders have 69 years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • We currently own a studio flat in St Nicholas 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 fivety four years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I have seventy four years remaining on my lease of a ground floor flat in St Nicholas, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • We have a two bedroom ground floor purpose built maisonette in St Nicholas with a lease of 55 years left with a value of around £370000 we want to add 90 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 St Nicholas