Sample questions relating to Hinckley Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want to extend their leases and I'm wondering about the procedure for this
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 59 years outstanding.
  • I bought a one bed flat located in Hinckley with a leasehold unexpired of seventy six years. I am enquiring about how much I will need to spend to extend my lease
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I inherited a studio flat in Hinckley. I am looking to extend lease on the property. It is nearing 80 years. I would just like to know what your charges are and how long the process takes.
  • We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Hinckley and looking to do a vesting order. Is this something you can do for us?
  • I will soon view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has sixety three years outstanding on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • I am currently negotiating a lease extension for my flat in Hinckley 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Hinckley
  • I'm looking for some advice with regard to a lease extension on my two bedroom ground floor purpose built maisonette in Hinckley. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Hinckley

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