Recently asked questions relating to Frinton and Walton Lease Extensions

  • I’ve just acquired a garden flat located inFrinton and Walton and I'm considering a lease extension as soon as practicable e.g. after 24 months of ownership
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not a worry. 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 the house being ours. Any guidance would be much appreciated.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am looking into the costs of carrying out a lease extension for my GFF in Frinton and Walton, and would like some figures on that.
  • Is it possible to talk with you about an apartment in Frinton and Walton, I am thinking of bidding at auction next week. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • We have a one bedroom flat in Frinton and Walton. There is eighty years left on the lease and we want to extend the lease. What will it likely cost to get a lease extension by, say,twenty years
  • I am the owner of a purpose-built flat in a large block in Frinton and Walton. The leasehold interest in the apartment on a ninety five year lease which commenced on 30th October 1969 with a non-reviewable yearly rent of 20. I would like to obtain a lease extension. Can I talk with someone to go through my options please?
  • My husband and I have owned a leasehold flat for about eighteen years. There are 55 years remaining on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
  • I know that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • We currently own a studio flat in Frinton and Walton and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety six years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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