FAQs concerning Kibworth Lease Extensions

  • My name´s Michael. I’m house hunting in Kibworth I'm seeing a garden flat online, with nearly 78 years unexpired lease, how much will it likely cost to get a lease extension by, say, 45 years?
  • I’m just looking for a garden flat to buy in the Kibworth area and was wondering how much would it cost to extend a lease? It has 59 years outstanding...
  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Kibworth - I wanted to see if with your services it is possible for this to be extended?
  • I am the owner of a maisonnette together with the freehold of both flats. My downstairs neighbours have asked for a lease extension what do I need to do?
  • We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Kibworth and looking to do a vesting order. Is this something you can help us with?
  • I am considering whether to purchase the freehold or a lease extension of my property in Kibworth and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with Nationwide Building Society to release of equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease commenced in 1972 and since then the ground rent has increased from £15.00 per annum to £125 per annum.
  • My husband and I have a leasehold flat in Kibworth with 63 years remaining. Ten months ago we were quoted a deal to grant a lease extension for a further thirty years but also uplift the ground rent from notional to £250 per year..plus a premium I think of about 14k. Finally we have decided to move forward but do we now have to renegotiate?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • Me and my OH have owned a leasehold flat for approximately eighteen years. There are sixety years outstanding on the lease. After a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • Me and my sister are hoping to acquire a home (a ground floor flat inKibworth with share of freehold). During our search, we were always looking at properties that had a minimum ninety years left. We came across a flat we liked and the selling agent promised us that the lease term was not an issue. Yesterday our solicitors advised us the lease only has 73 years and thus needs a lease extension. Should we walk away, or should we reduce our offer?
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    Lease Extensions in Kibworth

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