Holton le Clay Lease Extensions

Recently asked questions relating to Holton le Clay Lease Extensions

I am looking to extend the lease on my maisonette in Holton le Clay which will have 76 years unexpired lease in August. What fees are applicable?

Hello. I need a to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.

I am going to purchase a flat located in Holton le Clay. My offer is subject to the lease extension. The owner’s has given to the freeholder the Notice of Claim. 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 own a leasehold apartment in Holton le Clay. I have built a large extension and have not informed my leaseholder. What should I do?

I am a FTB of a leasehold flat in Holton le Clay. The lease has just fivety nine years unexpired and ground rent is £75. Is it possible for the current owner to serve the Section 42 Notice and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the 2 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 may be possible but will it be very time costly to the current owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.

I own a share of the freehold. There are five flats in the building. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?

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 am planning on refinancing my one bed flat in Holton le Clay and the next lender that I am looking to move to requires a minimum 85 years on the leasehold of my property in order for them to progress matters. I have found that I currently have around 72 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension

We currently own a maisonette in Holton le Clay 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 64 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

We have a one bedroom apartment in Holton le Clay with a lease of 55 years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Holton le Clay