Top Ten Questions relating to Belton Lease Extensions

  • I am looking at investing in a second home but it has a lease that expires in 14 years. Its in Belton - I wanted to see if with your services this could be extended?
  • Hi. I need a to have a look at my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • I am going to purchase a flat in Belton. My offer is conditional upon a lease extension. The seller’s has served the Notice of Claim. 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 HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Belton and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with HSBC Bank to release of equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1981 and since then the ground rent has increased from £15.00 per year to £200 per annum.
  • Ref a residence in Belton. lower maisonette. 68 yrs unexpired. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also insisted on Notice of Claim which I think is a bit over the top. Advice required.
  • I have a share of the freehold. There are four flats in the block. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
  • I intend to buy a one bed flat in Belton for asking price of 156k, which has 76 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • 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 55 years. I need a at my end. Can you advise please? I live near Belton and have a mortgage with Leeds Building Society.
  • My and my partner know that others in the same block previously had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Would you recommend such a course of action?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in Belton

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