Top Ten Questions relating to Holly Village Lease Extensions

  • Me and my wife have just completed on a one bedroom first floor purpose built maisonette inHolly Village and I'm thinking about extending the lease as soon as possible e.g. after 24 months of ownership
  • I’m just looking for a two bedroom second floor purpose built maisonette to purchase in the Holly Village area and was wondering how much would it cost to extend a lease? It has seventy nine years remaining...
  • Hi, I am looking somewhere around or in Holly Village 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I'm considering buying a one bedroom apartment (leasehold) but the freeholder has been absent for nearon 15yrs. I wonder whether it will be less expensive to try to acquire the freehold or to extend lease and apply for right to manage?
  • My husband and I are considering purchasing a garden flat in Holly Village which is a leasehold. I am enquiring as to the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • 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?
  • I would like some guidance on purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Holly Village area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • Me and my wife have been in discussion with our freeholder after having a valuation on our studio flat in Holly Village. We have a seventy three 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 the lease extension.
  • We currently own a one bed flat in Holly Village and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety nine years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I have a lease of seventy five years remaining on my flat in Holly Village. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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