Lease Extensions in Leicester

FAQs concerning Leicester Lease Extensions

My partner has an apartment based in Leicester which we have just put on the market. The leasehold has approximately 60 years balance left 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? Thank you.

I have got a leasehold flat in the Leicester area and was curious if I could get a lease extension. What are your processes and charges. Has sixety seven years residual lease term

I am looking for a in Leicester and they need to be on the Barnsley Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a ?

I bought a one bed flat in Leicester. The lease commenced in 2001 for 99 years. Now I am looking for a lease extension. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?

I'm planning on buying a studio flat (leasehold) but the landlord has been absent for just under 15yrs. My question is would it be less expensive to try to buy the freehold or to extend lease and apply for right to manage?

I have a leasehold flat in Leicester. I have built a large extension and have not informed my leaseholder. What should I do?

I am a freeholder of a block of flats in Leicester, and the lessees are in the process of being granted lease extensions. I should hopefully get funds within a month or so. Are there any tax implications, the property is in joint names with my husband ?

I am the freeholder of a Georgian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety five years. What are my next steps?

I'm living with my parents but have a ground floor flat in Leicester let out which has a fivety nine 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 Leicester 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?

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 extending the lease?

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