Worksop Lease Extensions

Common questions relating to Worksop Lease Extensions

My name´s Kian. I’m house hunting in Worksop I'm deliberating offering on a garden flat online, with around sixety seven years left, how much does it cost on average to extend in this area by, say, twenty years?

I own a garden flat located in Worksop with a leasehold unexpired of 70 years. I am wondering about what it will cost me to extend my lease term

I'm thinking of buying a ground floor flat (leasehold) but the freeholder has been absent for around 15yrs. My query is would it be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?

I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a ground floor flat in Worksop, where the lease is circa sixety eight years but she was informed by the estate agents that the flat owner had extended it to 99 years. Only now has she been informed the current owner was waiting for her to instruct conveyancers ahead of instigating the lease extension. Sounds devious, also it could take months to sort it all out. Am I being too sceptical?

My mortgage provider is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Worksop... I can find no reference of this in my mortgage guide... is this a normal fee to pay?

I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Worksop. I would be grateful if you can give me a call when you get a chance to discuss the case.

Me and my partner have been in discussion with our freeholder after having a valuation on our ground floor flat in Worksop. We have a sixety seven year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure 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 our behalf.

I am concerned about seeking a lease extension from a difficult freeholder. Regardless of the fact that the correct procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £300 increasing by 100% every 25 years of the new term. Can you assist?

I am currently negotiating a lease extension for my flat in Worksop as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

We have a garden flat in Worksop with a lease of sixety seven 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 Worksop