Frequently asked questions relating to Frinton On Sea Lease Extensions

  • I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Frinton On Sea - I wanted to see if with your services it is possible for this to be extended?
  • 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 own a maisonnette together with the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I intend to buy a one bed flat in Frinton On Sea for asking price of 125k, which has 71 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 landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I an interested in finding out more about leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Frinton On Sea area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • If a leaseholder 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 doing it?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the garden flat in Frinton On Sea. I live in the top flat. I was reviewing the land registry documents last night when I noticed that my flat is leasehold. There is 57 years balance left. If I want to do a lease extension then would I just be paying for the costs?
  • I know that others in the same block previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?
  • I have 73 years remaining on my lease of a ground floor flat in Frinton On Sea, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • Do you handle lease extensions on land? (a plot of land in Frinton On Sea with 82yrs remaining)

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