Questions and Answers: Whitwick Lease Extensions

  • My partner has an apartment located in Whitwick which we are about to put on the market. The leasehold has nearon 78 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Thank you.
  • I'm intending to make an offer on a house in Whitwick but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Coventry Building Society giving us the mortgage now?
  • The terms for the lease on my apartment in Whitwick are 95 years from 14 Jan 1988. Can you provide me a quote for a lease extension if I give you more information please?
  • I acquired a garden flat in Whitwick. I am looking to extend lease on the property. It is around eighty one years. I would just like to know what your charges are and how long the process takes.
  • I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a ground floor flat in Whitwick, where the lease is circa 67 years but she was informed by the selling agents that the owner had extended it to 99 years. She has now been informed the vendor was waiting for her to instruct solicitors prior to commencing with the lease extension. Sounds devious, also it may take a while to sort it all out. What do you think?
  • I am thinking about buying an auction property and found a one bed flat in Whitwick. It has just fifty year lease..the vendor being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this other than the costly fee to extend the lease and decreased chance of obtaining a mortgage with Santander?
  • I an interested in finding out more about purchasing a leasehold residence. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Whitwick area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My son has a share of freehold, with two other leaseholders in a building in Whitwick. House converted into three apartments. He has a lease, which has just over seventy five yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I have 55 years remaining on my lease of a ground floor flat in Whitwick, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I have a lease of 58 years remaining on my flat in Whitwick. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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