Dereham Lease Extensions

Questions and Answers: Dereham Lease Extensions

I’m about to offer on a one bedroom apartment to buy in the Dereham area and was curious how much would it cost for a lease extension? It has sixety four years residual lease term...

I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want a lease extension and I'm curious about the the process

My partner has an apartment in Dereham which we are about to put on the market. The leasehold has around fivety nine years outstanding on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.

I plan on buying a flat in Dereham. My offer is subject to the lease extension. The owner’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I'm looking for a flat to purchase in Dereham and I'm not really familiar with the leasehold arrangement. I've identified a studio flat I like with a 91 years lease. I've read that I can go for a lease extension after 2 years, but:- Is this a given?

I would like to know the likely expense and the best way to start the lease extension process? I have about sixety five years unexpired lease and I own a 2 bed flat in Dereham.

My fiance and I had entered into buying a studio flat in Dereham. I was informed that the lease had been extended (sixety four years remaining prior to extension). The description on the listing said "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The homeowner supposedly has a quote but no finances to extend as a result the homeowner wants to exchange and use the deposit monies to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

My fiance and I would like to know the cost of a lease extension valuation for a property based in Dereham. Is this something you can help us with?

We are concerned about getting a lease extension from tricky freeholder. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the landlord still attempted to get ground rent of £200 increasing by 100% every twenty years of the new term. Can you help?

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