Questions and Answers: Dereham Lease Extensions

  • I agreed with the head landlord to a lease extension on our flat in Dereham, 18k for another 90yrs. How long will it take ?
  • My wife has an apartment located in Dereham which we have just put on the market. The leasehold has about fivety eight years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.
  • I am looking to extend the lease on my garden flat in Dereham which will have 71 years unexpired lease in November. What fees are applicable?
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years unexpired so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • We are in a block comprising five flats in Dereham and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Dereham, and would like some figures on that.
  • I own a share of the freehold. There are three apartments in the block. All the leaseholders are now looking for lease extensions. What's your solicitors fee?
  • My mum is concerned about seeking a lease extension from tricky landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to get ground rent of £250 increasing by 100% every twenty years of the new lease. Can you assist?
  • I am currently negotiating a lease extension for my flat in Dereham 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?
  • Do you handle lease extensions on land? (a plot of land in Dereham with 82yrs remaining)

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