Common questions relating to Hadleigh Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm enquiring about the the process
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Hadleigh, and my lease will reach 56 years this August. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • Is it possible to talk with you about an apartment in Hadleigh, I am thinking of buying at auction next week. The flat only has a few years unexpired lease and I was wondering about what it would cost to get a lease extension and for your services.
  • We have a leasehold flat in Hadleigh with 64 years left. Ten months ago we were quoted a deal to receive a lease extension for another fifty years but also increase ground rent from nominal to a little more..plus a premium I think of about 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Hadleigh. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • I own the freehold reversion of a property in Hadleigh where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • 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 avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation fees. Would you recommend this course of action?
  • I require an estimate to extend my mother’s lease on a garden flat in Hadleigh. She already has a figure from the freeholder for a lease extension but I am unclear whether it is too high.
  • I have a lease of fivety nine years remaining on my flat in Hadleigh. 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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