Frequently asked questions relating to Whitwick Lease Extensions

  • I invested in buying a flat in Whitwick with a leasehold unexpired just over 70 years and need a lease extension. Please can you advise me of the next steps
  • Hi, I just randomly found your website. I'm looking for prices on what a lease extension will cost for a garden flat based in Whitwick. It's up for sale at the moment but has approximately 63 years of unexpired leasehold
  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the the process
  • I am considering investing in a second home but it has a lease that expires in 14 years. Its in Whitwick - I wanted to see if with your services it is possible for this to be extended?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy four years residual lease term.
  • I'm living at parents but have a one bedroom apartment in Whitwick let out which has a sixety five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Whitwick for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • Just a quick question, how much is the premium payable for a lease extension on a residential property in Whitwick for a three bed flat - sec 42 is already in place?
  • Me and my OH are hoping to purchase a property (a maisonette based inWhitwick with share of freehold). Throughout our search, we were always looking at properties that had a minimum ninety years outstanding. We came across a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Today our property lawyers informed us the lease only has fivety six years and therefore needs a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I am worried about obtaining a lease extension from tricky landlord. Notwithstanding that the correct procedures were followed under the 1993 Act, the freeholder still attempted to charge ground rent of £250 doubling every twenty five years of the new lease. Can you assist?
  • I have seventy two years remaining on my lease of a ground floor flat in Whitwick, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Whitwick

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