Sample questions relating to Brixworth Lease Extensions

  • We have just bought a one bedroom apartment inBrixworth and I'm deliberating a lease extension as soon as I can e.g. in 24 months of ownership
  • I have a lease of sixety one years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • We are in a block of three flats in Brixworth and have been offered to buy the freehold for 8k 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 am looking to either purchase the freehold or a lease extension of my property in Brixworth and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with Alliance & Leicester to release of equity. The adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1981 and since then the ground rent has been raised from £25.00 per annum to £125 per annum.
  • My partner and I have a residential flat in Brixworth with 65 years left. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from notional to a little more..plus a premium I think of approximately 14k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • My father has a share of freehold, with two other leaseholders in a building in Brixworth. House converted into three flats. He has a lease, which has around 72 years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I'm living at mum and dad but have a one bedroom second floor purpose built flat in Brixworth let out which has a sixety year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Brixworth for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • I'm seeking some help with regard to extending the lease on my flat. I'll be looking to do this next June as we must 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 LVT route. Should 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 worried about obtaining a lease extension from tricky landlord. Notwithstanding that the correct procedures were followed under the 1993 Act, the freeholder still tried to get ground rent of £250 doubling every twenty years of the new lease. Can you assist?
  • I am planning on refinancing my ground floor flat in Brixworth and the mortgage company that I am looking to switch to needs at least 85 years remaining on the lease in order for them to progress matters. We currently have around seventy three years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process

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