Lease Extensions in Blakeney

Frequently asked questions relating to Blakeney Lease Extensions

Hello, I stumbled across this site. I'm looking for prices on what it cost to extend a lease of a maisonette in Blakeney. It's on the market at the moment but has circa sixety two years left on the lease

I have a lease of seventy seven years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am looking for a in Blakeney and they need to be on the Bank of Scotland approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a ?

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

My husband has a share of freehold, with two other leaseholders in a building in Blakeney. House split into three apartments. He has a lease, which has circa seventy three 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'm living with my mother and father but have a studio flat in Blakeney let out which has a seventy 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 Blakeney 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 19k. Should I keep or sell the flat?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

I note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Blakeney

I am currently negotiating a lease extension for my flat in Blakeney 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Blakeney

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