Common questions relating to Holt Lease Extensions
I’m looking for lease extension for our apartment in Holt and we are confused by the letter that we got from our freehold company. How long will it take?
My wife has an apartment in Holt which we have just put on the market. The leasehold has just under sixety years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
I plan on buying a flat located in Holt. My offer is conditional upon a lease extension. The vendor’s conveyancers has served 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
Possibly made an error, I am actually looking for a conveyancing practitioners in Holt who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
I will soon view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has seventy five years remaining on the lease. It is also a repo so I'm guessing that the vendor will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
I am a FTB of a leasehold flat in Holt. The lease has just 74 years left and ground rent is £75. Is it possible for the flat owner to serve the Section 42 Notice and then assign this right to me as the buyer once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the current owner? Unfortunately the freeholder can not be found, so I am not sure how does it work.
Ref a leasehold in Holt. upper maisonette. 70 yrs left. I have an agreed lease extension to £12,000 for 115yrs. Freeholder also requested Notice of Claim which I think is a tad over the top. Can you assist.
My fiance and I have owned a leasehold flat for about fifteen years. There are 58 years unexpired lease on the lease. Following a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
We have been in discussion with our freeholder after having a valuation on our two bedroom second floor purpose built flat in Holt. We have a sixety one year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he 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 solicitors to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
I have 55 years remaining on my lease of a ground floor flat in Holt, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high