Examples of recent questions relating to Lease Extensions in Holton le Clay

  • I’ve just completed on a maisonette based inHolton le Clay and I'm deliberating extending the lease as soon as possible e.g. after a couple of years
  • My wife has a flat based in Holton le Clay which we have just put on the market. The leasehold has around 56 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 67 years remaining.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Holton le Clay, and my lease will reach 63 years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I own a share of the freehold. There are three apartments in the house. All the leaseholders are now requiring lease extensions. What's your legal fee?
  • If a leaseholder owns a flat with a lease of less than 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?
  • I'm intent on acquiring an apartment in Holton le Clay valued at £256,000 the flat has something like 77 years unexpired on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in August, expecting I'd be in before Christmas. The owner has just informed the agent they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • My husband and I are buying a studio flat in Holton le Clay which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we have to wait until the new lease is registered?
  • I am currently in the process of refinancing my maisonette in Holton le Clay and the mortgage company that I am looking to switch to needs at least 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 79 years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • I have seventy six years remaining on my lease of a ground floor flat in Holton le Clay, 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

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