Frequently asked questions relating to Spalding Lease Extensions

  • 40k agreed with the landlord, just attempting to find a Spalding for a lease extension. Our lease has nearly seventy six yrsremaining. Can you please help us with this situation ?
  • We have just bought a studio flat inSpalding and I'm deliberating a lease extension as soon as I can e.g. in 24 months of ownership
  • Hi, I am looking somewhere around or in Spalding 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety two years residual lease term.
  • We inherited a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Spalding and are therefore thinking about the option of a vesting order. Is this something you can do for us?
  • Is it possible to talk with you about a leasehold property in Spalding, I am considering buying at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • Hello I am the freeholder interest in a one bedroom flat in Spalding. The leaseholder has a seventy seven year lease and would like to purchase further 90 years. He is offering me £18,000 but I am not sure if this is in the right ballpark
  • I'm looking at acquiring a flat in Spalding at a price of £195,000 the flat has approaching seventy years unexpired on the lease. My offer was conditional upon a lease extension... .. that was back in August, expecting I'd be in by Christmas. The owner has just come back saying that they are prepared to knock £3k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • I have 67 years remaining on my lease of a ground floor flat in Spalding, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I am currently negotiating a lease extension for my flat in Spalding as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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