Common questions relating to Downham Market Lease Extensions

  • My name´s Seth. I’m flat hunting in Downham Market I'm seeing a ground floor flat online, with around 79 years outstanding, how much will it likely cost to get a lease extension by, say, twenty years?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Downham Market, and my lease will reach seventy six years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I acquired a ground floor flat in Downham Market. The start date for the lease was in 1992 for 99 years. Now I am looking for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • The terms for the lease on my apartment in Downham Market are 101 years from 15 Jan 1989. Can you provide me a quote to extend the lease if I give you more information please?
  • I am looking into the costs of carrying out a lease extension for my two bedroom ground floor purpose built flat in Downham Market, and would like some figures on that.
  • Is it possible to talk with you about a flat in Downham Market, I am considering buying at auction next month. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am a FTB of a leasehold flat in Downham Market. The lease has just 55 years unexpired and ground rent is £25. Is it possible for the homeowner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately the landlord is absent, so I am not sure how does it work.
  • Me and my husband are proceeding with buying a maisonette in Downham Market. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety two years remaining prior to extension). The description on the listing said "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no finances to extend as a result the seller intends to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I intend to buy a one bed flat in Downham Market for asking price of 125k, which has sixety seven years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • Me and my wife would like to know the cost of a lease extension valuation for a property based in Downham Market. Would you be able to help?
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    Lease Extensions in Downham Market

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