Frequently asked questions relating to Watnall Lease Extensions

  • We have just bought a garden flat located inWatnall and I'm deliberating a lease extension as soon as I can e.g. after 24 months of ownership
  • I have an interest in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm enquiring about the procedure for this
  • My partner has an apartment located in Watnall which we have just put on the market. The leasehold has around 56 years outstanding on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • What will I need to spend and what is the best way to start the lease extension process? I have roughly fivety eight years left on my lease on a garden flat in Watnall. I have called the managing agents who represent the landlord and they gave me the number for the valuer. I left a phone message for the valuer but I am not getting any returned calls.
  • My mortgage provider requires several hundred pounds for their conveyancing practitioners to agree a lease extension for my flat in Watnall... I can find no mention of this in my mortgage literature... is this a standard fee to pay?
  • I own a purpose-built flat in a small development in Watnall. The leasehold interest in the flat on a 101 year lease which commenced on 1 March 1969 with a set yearly rent of 45. I would like to obtain a lease extension. Can I call someone to discuss my options please?
  • My lawyers (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?
  • I own the freehold reversion of a property in Watnall where the leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • I'm looking for some help with regard to a lease extension on my maisonette. The intention is to do this sometime next year as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • We are concerned about getting a lease extension from tricky landlord. Notwithstanding that the correct procedures were followed under the appropriate legislation, the landlord still tried to get ground rent of £250 increasing by 100% every 25 years of the new lease. Can you help?
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    Lease Extensions in Watnall

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