Frequently asked questions relating to Holsworthy Lease Extensions

  • I bought a flat in Holsworthy with a leasehold unexpired slightly less than seventy three years and need to extend it. Please can you clarify the next stages
  • I have a lease of 69 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • Hello. I need someone to review my lease extension before it's signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor changes.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Holsworthy, and my lease will reach 62 years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am going to purchase a flat in Holsworthy. The offer is conditional upon a 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 Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • The intention is to sell our one bedroom apartment in Holsworthy but we may need to extend the lease, or at least cover the costs of our buyers. Can you help me find someone to undertake the legal formalities?
  • We bought a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Holsworthy and looking to do a vesting order. Is this something you can do for us?
  • I'm living with my parents but have a three bedroom second floor purpose built flat in Holsworthy let out which has a seventy year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Holsworthy for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • I'm looking at buying an apartment in Holsworthy valued at £195,000 the flat has approaching 76 years left on the lease. I put in an offer subject to a lease extension... .. that was back in September, expecting I'd have completed before Christmas. The owner has just come back saying they'll reduce the price by£2k if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • Just a quick question, how much does it cost for a lease extension on a residential property in Holsworthy for a two bed flat - sec 42 is already served?

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