Common questions relating to Earls Barton Lease Extensions

  • I own a leasehold flat in the Earls Barton area and was curious whether I could obtain a lease extension. What are your processes and fees. There are fivety four years balance left
  • I am the registered owner of a maisonette in Earls Barton. I am looking to extend lease on the property. It is just over 80 years. I would just like to know what your charges are and how long the process takes.
  • I am a FTB of a leasehold flat in Earls Barton. The lease has only 61 years unexpired and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the seller? Unfortunately the landlord is absent, so I am not sure how does it work.
  • I am the freeholder of a Victorian 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 seventy seven years. What are my next steps?
  • Hello I own the freehold reversion in a 2 bedroom flat in Earls Barton. The leaseholder has a 73 year lease and would like to purchase further 125 years. He is offering me £21,000 but I am not sure if this is too low an offer
  • I own the freehold to two flats. Someone has the lease on the ground flat in Earls Barton. I occupy in the upper flat. I was reviewing the land registry documents last night when I noticed that my flat has a lease on it. There is sixety two years outstanding. If I want to do a lease extension then would I simply be paying for the solicitors costs?
  • My mother is concerned about getting a lease extension from a difficult landlord. Even though the legal procedures were followed under the 1993 Act, the landlord still tried to get ground rent of £250 increasing by 100% every twenty years of the new term. Can you help?
  • I know that others in the same building had already had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you suggest this course of action?
  • I am currently negotiating a lease extension for my flat in Earls Barton 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 wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Earls Barton
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    Lease Extensions in Earls Barton

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