FAQs concerning Downham Market Lease Extensions

  • My wife has a flat located in Downham Market which we are about to put on the market. The leasehold has nearon 73 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I need to negotiate a lease extension for a flat in Downham Market and want to use a local . Are you able to help me find a ?
  • I am the registered owner of a two bedroom second floor purpose built maisonette located in Downham Market with a leasehold unexpired of 73 years. I am wondering about how much it will cost me to extend my leasehold
  • I am looking to buy a maisonette in Downham Market with a lease of 75 years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I'm looking for a flat to purchase in Downham Market and I'm not really familiar with the leasehold concept. I've found a one bedroom apartment I like with a 91 years lease. I've read that I can get a lease extension after 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?
  • How much will I need to spend and what is the best way to start the lease extension process? I have just under sixety nine years unexpired lease on my lease on a garden flat in Downham Market. I have emailed the agent who represent the landlord and they gave me the number for the valuer. I have contacted the surveyor but I am not getting any returned calls.
  • I am looking to buy a one bed flat in Downham Market for asking price of 125k, which has 58 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own a purpose-built apartment located in a small block in Downham Market. The leasehold interest in the apartment on a ninety five year lease which commenced on 11th January 1972 with a non-reviewable yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • I an interested in finding out more about leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Downham Market area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • If somebody 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?

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