Top Ten Questions relating to Empingham Lease Extensions

  • My wife has a flat based in Empingham which we are about to put on the market. The leasehold has about 64 years balance left on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Many thanks.
  • I am looking for a lease extension on the lease on my one bedroom apartment in Empingham which will have 54 years unexpired lease in June. What fees are applicable?
  • I want to acquire a leasehold property and lease extension. The vendor has been there over 2 years and will sign 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 a FTB of a leasehold flat in Empingham. The lease has only 76 years left and ground rent is £75. Is it possible for the vendor to serve the Initial Notice and then transfer over the right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the current owner? Unfortunately it’s the case of an absent freeholder, so I am not sure how does it work.
  • My (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?
  • Me and my partner have owned a leasehold flat for approximately eighteen years. There are fivety six years left on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Empingham. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I own the freehold reversion of a property in Empingham where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has upped this by £2,000 at the drop of a hat. My surveyor has recommended a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I am currently in the process of refinancing my studio flat in Empingham and the new lender that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 66 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • Do you handle lease extensions on land? (a plot of land in Empingham with 82yrs remaining)

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Empingham