Questions and Answers: Sutton in Ashfield Lease Extensions

  • I bought a property in Sutton in Ashfield and it has nearon sixety years balance left. I'd like to extend the lease period
  • I am looking into the costs of carrying out a lease extension for my garden flat in Sutton in Ashfield, and would like some figures on that.
  • I'm looking for an apartment to buy in Sutton in Ashfield and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 87 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • We had entered into a purchase of a studio flat in Sutton in Ashfield. I was informed that the lease had been extended (67 years outstanding prior to extension). The description on the listing stated "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The owner apparently has a quote but no funds to extend as a result the owner wishes to exchange and use the deposit monies for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy one years. I need a at my end. Can you advise please? I live near Sutton in Ashfield and have a mortgage with Chelsea Building Society.
  • I'm living at mum and dad but have a one bedroom apartment in Sutton in Ashfield let out which has a sixety one 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 Sutton in Ashfield 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 21k. Not sure sure whether to hold on or sell the flat?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Sutton in Ashfield. The house is freehold but the garden is officially leasehold, 995 year lease from 1854. Its the rear garden.
  • Me and my wife have been in discussion with our freeholder after having a valuation on our studio flat in Sutton in Ashfield. We have a 67 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Just a quick question, how much does it cost for a lease extension on a residential property in Sutton in Ashfield for a two bed flat - section 42 having been issued?
  • Do you handle lease extensions on land? (a plot of land in Sutton in Ashfield with 82yrs remaining)

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