Questions and Answers: Great Dunmow Lease Extensions

  • We agreed with the freeholder for a lease extension on our flat in Great Dunmow, 6.5k for an extension by 90yrs. What's your legal fee ?
  • I am looking to extend the lease on my maisonette in Great Dunmow which will have 71 years remaining in September. What fees do you charge for this?
  • I invested in buying a 2 bed flat in Great Dunmow. The lease started in 1992 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • The intention is to sell our studio flat in Great Dunmow but we may need to extend the lease, or possibly cover the costs of our purchaser. Can you recommend a lawyers to handle this?
  • I'm looking for a flat to purchase in Great Dunmow and I'm not really familiar with the leasehold tenure. I've found a place I like with a 82 years lease. I've read that I can go for a lease extension after a couple of years, but:- Is this a given?
  • My fiance and I are proceeding with a purchase of a maisonette in Great Dunmow. I was advised that the lease had been lengthened (73 years remaining prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The homeowner apparently has a quote but no funds to extend as a result the flat owner wishes to exchange and use the my deposit for the lease extension. My question is how is possible that the estate agent got it so wrong?
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I intend to buy a one bed flat in Great Dunmow for asking price of 125k, which has fivety six 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 question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am currently negotiating a lease extension for my flat in Great Dunmow as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I have a lease of 66 years remaining on my flat in Great Dunmow. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Great Dunmow

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