Recently asked questions relating to Holbrook Lease Extensions

  • I agreed with the freeholder to a lease extension on our flat based in Holbrook, 10.5k for an extension by 90yrs. Are you willing to assist us with this situation ?
  • I invested in buying a flat in Holbrook with a leasehold unexpired approximately 71 years and need a lease extension. Please can you advise me of the next stages
  • I am looking for a lease extension on the lease on my one bedroom apartment in Holbrook which will have seventy seven years left in September. What fees do you charge for this?
  • I am looking for a in Holbrook and they need to be on the Bank of Scotland approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • I plan on buying a flat located in Holbrook. My offer is conditional upon a lease extension. The owner’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 Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
  • I am a first time buyer of a leasehold flat in Holbrook. The lease has just 71 years balance left and ground rent is £95. Is it possible for the seller to serve the Notice of Claim and then assign this right to me as the buyer once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the flat owner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Holbrook
  • I'm looking for some advice with regard to a lease extension on my one bedroom first floor purpose built flat in Holbrook. 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. Can you recommend a good who specialises in lease extensions?

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