FAQs concerning Blaby Lease Extensions

  • I acquired a flat in Blaby with a leasehold unexpired around sixety three years and need a lease extension. Please can you advise me of the next steps
  • My wife has an apartment located in Blaby which we have just put on the market. The leasehold has just under 60 years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Blaby, and my lease will reach seventy six years this May. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • My neighbours and I are in a building containing four flats in Blaby and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I own a garden flat in Blaby. I am looking to extend lease on the property. It is nearly eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • My wife and I have a one bedroom flat based in Blaby. There is 81 years left on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,45 years
  • I intend to buy a one bed flat in Blaby for asking price of 156k, which has 61 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My property 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?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Blaby. We have a 68 year lease and we wish to increase this to 99. The Freeholder has given 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 conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I am currently negotiating a lease extension for my flat in Blaby 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?
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    Lease Extensions in Blaby

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