Sample questions relating to North Hykeham Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
  • I am about to put an offer in on a studio flat in North Hykeham with a lease of seventy two years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I have contacted my freeholder to extend my lease for my flat in North Hykeham. His has been in contact concerning charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started March 1986.
  • Possibly made a mistake, I am actually looking for a in North Hykeham who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
  • I'm looking for an apartment to buy in North Hykeham and I'm not really familiar with the leasehold title. I've identified a studio flat I like with a 82 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?
  • I will soon view a one bedroom maisonette, although not exactly my perfect 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 residual lease term on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • How much will it cost me and what is the best way to get a lease extension started? I have just over seventy two years unexpired lease on my lease on a garden flat in North Hykeham. I have emailed the managing agents who act on behalf of the head landlord and they gave me the number of the surveyor. I telephone the valuer but I am not receiving any returned calls.
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a garden flat in North Hykeham, where the lease is roughly 79 years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been told the flat owner was waiting for her to appoint lawyers ahead of instigating the lease extension. Seems odd to me, also it will take a while to sort it all out. What do you think?
  • I would like some guidance on purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in North Hykeham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • 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 North Hykeham