Questions and Answers: Harbury Lease Extensions

  • My partner has a flat based in Harbury which we are about to put on the market. The leasehold has approximately 76 years outstanding 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 need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 75 years remaining
  • We own a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Harbury and looking to do a vesting order. Is this something you can help us with?
  • I am considering purchasing an auction property and found a studio flat in Harbury. It has just fifty-one year lease..the seller as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the expensive fee to extend the lease and decreased chance of getting a mortgage with Nottingham Building Society?
  • I am in need of a lease extension for my flat in Harbury and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I have a freehold of a three bedroom flat in Harbury. The leaseholders have seventy six years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Harbury for a two bed flat - section 42 is already served?
  • I own the freehold reversion of a property in Harbury and a leaseholder would like a lease extension. Her valuer has provided a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to face?
  • My daughter is worried about obtaining a lease extension from an objectionable freeholder. Even though the correct procedures were adhered to under the 1993 Act, the freeholder still attempted to charge ground rent of £200 increasing by 100% every 25 years of the new lease. Can you help?
  • We currently own a studio flat in Harbury and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety nine years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Harbury

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