Common questions relating to Whissendine Lease Extensions

  • I have just completed on a studio flat inWhissendine and I'm deliberating extending the lease as soon as I can e.g. in 24 months of ownership
  • The intention is to sell our ground floor flat in Whissendine but we may need to extend the lease, or at least cover the expense of our buyers. Can you suggest a lawyers to undertake the legal formalities?
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a one bedroom apartment in Whissendine, where the lease is roughly sixety four years but she was advised by the estate agents that the owner had extended it to 99 years. Only now has she been informed the vendor was holding off for her to appoint conveyancers prior to commencing with the lease extension. Seems odd to me, also it will take a while to sort it all out. What do you think?
  • I am a landlord of a block of flats in Whissendine, and the leaseholders are in the process of being issued lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I contact the Inland Revenue ?
  • My wife and I have a leasehold flat in Whissendine with sixety three years unexpired. Ten months ago we were quoted a deal to grant a lease extension for another fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 16k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy seven years. I need a solicitors at my end. Can you advise please? I live near Whissendine and have a mortgage with Nottingham Building Society.
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • We know that others in the same building previously had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of avoiding a formal survey and calculate the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
  • Do you handle lease extensions on land? (a plot of land in Whissendine with 82yrs remaining)
  • We have a one bed flat in Whissendine with a lease of 59 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Whissendine

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