Questions and Answers: Holbeach Lease Extensions

  • I need to negotiate a lease extension for a flat in Holbeach and want to use a local . Is there a that you can recommend?
  • I am going to purchase a flat located in Holbeach. The offer is subject to the lease extension. The homeowner’s has given to the freeholder 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 The Mortgage Works. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm planning on purchasing a studio flat (leasehold) but the freeholder has been absent for approximately 15yrs. My question is would it be less expensive to try to buy the freehold or to get a lease extension and apply for RTM?
  • My mortgage provider requires several hundred pounds for their to agree a lease extension for my flat in Holbeach... I am unable to find any mention of this in my mortgage guide... is this a usual fee to pay?
  • We would like to extend our lease having owned the apartment for two years as of 21st May 2016. It has slightly less than 62 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • Just been over 2 years that I have been in my one bedroom second floor purpose built flat in Holbeach. I have 65 yrs remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Holbeach. We have a seventy nine year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • We are acquiring a studio flat in Holbeach which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must hold on until the new lease is registered?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bed flat in Holbeach
  • We have a garden flat in Holbeach with a lease of 55 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?

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