FAQs concerning Higham Ferrers Lease Extensions

  • My partner and I are looking for lease extension for our leasehold house in Higham Ferrers and we are confused by the letter that we got from our freehold company. Are you able to help us with this situation?
  • I bought a flat in Higham Ferrers with a leasehold unexpired around seventy two years and need a lease extension. Please can you advise me of the next steps
  • I bought a property in Higham Ferrers and it has around 58 years outstanding. I'd like to arrange a lease extension by twenty years
  • I am looking for a lease extension on the lease on my two bedroom ground floor purpose built maisonette in Higham Ferrers which will have 57 years outstanding in January. What fees are applicable?
  • I'm planning to make an offer on a house in Higham Ferrers but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect The Royal Bank of Scotland giving us the mortgage now?
  • I want to purchase a leasehold property and extend the lease. The flat owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
  • I am a FTB of a leasehold flat in Higham Ferrers. The lease has just seventy nine years balance left and ground rent is £95. Is it possible for the homeowner to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I don't have to wait 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 may be possible but will it be very time consuming to the current owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Higham Ferrers
  • My and my husband know that others in the same building previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest such a course of action?
  • Other Topics

    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