Rugby Lease Extensions

Questions and Answers: Rugby Lease Extensions

I’m just looking for a garden flat to purchase in the Rugby area and was after more information on what the likely fees would be for a lease extension? It has 57 years left...

I have contacted my freeholder for a lease extension for my flat in Rugby. His has been in contact concerning costs 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 November 1990.

I plan on buying a flat based in Rugby. The offer is conditional upon a lease extension. The homeowner’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 Barnsley Building Society. Moreover, which are the following lease extension steps to complete the purchase?

My neighbours and I are in a block of five flats in Rugby and have been offered to buy the freehold for 7k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I need to talk to you about a leasehold property in Rugby, I am thinking of bidding at auction next week. The flat only has a few years left and I am curious about how much it would cost to get a lease extension and for your services.

I will soon view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy years remaining on the lease. It is also a repo so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?

I wondered if you could help me on the likely cost and the best way to get a lease extension started? I have about sixety six years unexpired lease and I own a garden flat in Rugby.

My apartment in Rugby is up for sale and I have a hopefully firm offer. There is eighty one years remaining on the lease and I want a lease extension. What does it cost on average to get a lease extension by, say,twenty years

I have a freehold of a 2 bedroom flat in Rugby. The leaseholders have 74 years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?

We have a maisonette in Rugby with a lease of seventy three years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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