Frequently asked questions relating to Rugby Lease Extensions

  • I’m seeking a lease extension for our flat based in Rugby and we are confused by the letter that we got from our landlord company. Can you please assist us with this situation?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I own a one bedroom apartment in Rugby. The lease commenced in 1998 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?
  • We are the registered owners of a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Rugby and are therefore considering the option of a vesting order. Is this something you can do for us?
  • I am about to view a two bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy one years unexpired on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • We have a ground floor flat in Rugby with seventy eight years to run. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 9k. We have now decided to go ahead but do we now have to start the negotiations again?
  • My wife and I are purchasing a studio flat in Rugby which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our solicitors to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to wait until the lease extension has actually been registered before completing.?
  • I require an estimate to extend my mum’s lease on a garden flat in Rugby. She already has a figure from the landlord for a lease extension but I am unclear whether it is reasonable.
  • We currently own a maisonette in Rugby and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 74 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • Do you handle lease extensions on land? (a plot of land in Rugby with 82yrs remaining)
  • Other Topics

    Lease Extensions in Rugby

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