Sample questions relating to Haverhill Lease Extensions

  • Hello, I just randomly found your site. I'm seeking prices on what a lease extension will cost for a studio flat based in Haverhill. It's on the market at the moment but has about 59 years left on the lease
  • I am looking to extend the lease on my studio flat in Haverhill which will have sixety four years outstanding in September. What fees are applicable?
  • I own a leasehold flat in the Haverhill area and was curious whether I could get a lease extension. What are your processes and fees. Has sixety one years outstanding
  • I'm thinking of purchasing a studio flat (leasehold) but the landlord has been missing for approximately 15yrs. My query is would it be less expensive to try to purchase the freehold or to get a lease extension and apply for right to manage?
  • I am a landlord of a block of flats in Haverhill, and the tenants are in the process of being given lease extensions. I should hopefully get the money within a month or so. As I am not on self assessment do I contact the Inland Revenue ?
  • I am looking to buy a one bed flat in Haverhill for asking price of 156k, which has fivety seven 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 a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • We have owned a leasehold flat for around fifteen years. It now has sixety seven years outstanding on the lease. Following a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
  • Me and my wife would like to know the cost of a lease extension valuation for a property based in Haverhill. Is this something you can assist us with?
  • Me and my partner are acquiring a garden flat in Haverhill which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our lawyers to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must hold on pending registration of the new lease?
  • I am currently negotiating a lease extension for my flat in Haverhill 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?
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    Lease Extensions in Haverhill

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