Questions and Answers: Corby Lease Extensions

  • My partner has a flat based in Corby which we have just put on the market. The leasehold has approximately 79 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I own a property in Corby and it has around 58 years balance left. I'd like to extend the lease period
  • I want to acquire a leasehold property and lease extension. The seller has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 77 years unexpired.
  • I am looking to purchase a three bed flat in Corby with a lease of 55 years but unsure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I have a leasehold flat in Corby. I have built a large extension and have not informed my freeholder. What should I do?
  • I own a share of the freehold. There are three apartments in the house. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?
  • I am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 72 years. What are my next steps?
  • If a leaseholder 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 extending the lease?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Corby. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good who specialises in lease extensions?

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