Questions and Answers: Dersingham Lease Extensions

  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years balance left 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any suggestions would be much appreciated.
  • Hi. I need someone to have a look at my lease extension before it's completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few small amendments.
  • The intention is to sell our garden flat in Dersingham but we may need to extend the lease, or possibly cover the costs of our buyers. Are you able to recommend a to help us?
  • I'm deliberating over buying a garden flat (leasehold) but the freeholder has been missing for nearly 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to extend lease and apply for right to manage?
  • We acquired a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Dersingham and are therefore thinking about the option of a vesting order. Is this something you can help us with?
  • I will soon view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 67 years balance left on the lease. It is also a repossession so I'm assuming that the bank will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Dersingham. We have a 55 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Me and my wife are in the throws of buying a home (a garden flat inDersingham with share of freehold). Throughout our search, we were always looking at apartments that had at least 83 years outstanding. We came across a apartment we liked and the selling agent promised us that the lease was long albeit not specifying a number. Today our told us the lease only has 72 years and therefore requires a lease extension. Do we run away, or do we reduce our offer?
  • My wife and I are concerned about obtaining a lease extension from a difficult landlord. Regardless of the fact that the legal procedures were followed under the appropriate legislation, the landlord still attempted to get ground rent of £200 doubling every twenty five years of the new term. Can you help?
  • I am planning on refinancing my garden flat in Dersingham and the mortgage company that I am looking to move to needs a minimum 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around seventy years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process

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