Sample questions relating to Groby and Ratby Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm enquiring about the the process
  • I am going to purchase a flat based in Groby and Ratby. My offer is subject to the lease extension. The current owner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • I purchased a garden flat in Groby and Ratby. I am looking to extend lease on the property. It is circa 80 years. I would just like to know what your charges are and how long it would take for completion.
  • I will soon view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has fivety nine years residual lease term on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • I am a first time buyer of a leasehold flat in Groby and Ratby. The lease has only 69 years residual lease term and ground rent is £50. Is it possible for the flat owner to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two 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 legal but will it be very time consuming to the owner? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
  • Regarding a property in Groby and Ratby. lower maisonette. fivety nine yrs left. I have an agreed lease extension to £14k for 125yrs. Landlord also requested Notice of Claim which I think should not be necessary. Advice required.
  • My flat in Groby and Ratby is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want a lease extension. What will it likely cost to get a lease extension by, say,25 years
  • I am planning to extend the lease on my garden flat in Groby and Ratby I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • My OH and I are hoping to acquire a home (a maisonette inGroby and Ratby with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years left on the lease. We identified a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has seventy years and thus needs a lease extension. Do we run away, or should we reduce our offer?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Groby and Ratby. I occupy in the top flat. I was looking at the land registry documents recently when I noticed that my flat is leasehold. There is fivety six years outstanding. If I want a lease extension then would I just be paying for the charges?

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