Questions and Answers: Higham Ferrers Lease Extensions

  • I own a leasehold flat in the Higham Ferrers area and was wondering if I could get a lease extension. What are your processes and fees. There are 74 years unexpired
  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Higham Ferrers - I wanted to see if with your services it is possible for this to be extended?
  • I inherited a ground floor flat in Higham Ferrers with a leasehold unexpired of 56 years. I am curious about what it will cost me to extend my lease term
  • I plan on buying a flat in Higham Ferrers. The offer is conditional upon a lease extension. The homeowner’s conveyancing practitioners has served the Section 42 Notice. 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 Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm looking for an apartment to buy in Higham Ferrers and I'm not really familiar with the leasehold arrangement. I've identified a maisonette I like with a 82 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • Ref a leasehold in Higham Ferrers. upper maisonette. sixety six yrs unexpired. I have an agreed lease extension to £20k for 125yrs. Freeholder also requested Initial Notice which I think should not be necessary. Can you assist.
  • My husband has a share of freehold, with two other leaseholders in a building in Higham Ferrers. House divided into three apartments. He has a lease, which has slightly more than 62 yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • Me and my sister have owned a leasehold flat for around eighteen years. It now has seventy six years remaining on the lease. After a year of difficult negotiations through my solicitors 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 a Tribunal and would appreciate advice.
  • I am the freeholder of a property in Higham Ferrers where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped 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 a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • I am currently negotiating a lease extension for my flat in Higham Ferrers 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?
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    Lease Extensions in Higham Ferrers

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