Questions and Answers: Hellesdon Lease Extensions

  • I bought a flat in Hellesdon with a leasehold unexpired around sixety six years and need a lease extension. Please can you clarify the next steps
  • We own a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Hellesdon and are therefore considering the option of a vesting order. Is this something you can help us with?
  • I own a leasehold flat in Hellesdon. I have built a large extension and have not informed the freeholder. What are my options?
  • I'm looking for a flat to purchase in Hellesdon and I'm not really familiar with the leasehold tenure. I've found a three bed flat I like with a 91 years lease. I've read that I can go for a lease extension after a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
  • I have a flat in Hellesdon with 65 years left on the lease. I am looking for a to help me get a lease extension. Can you assist?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Hellesdon. I occupy in the top flat. I was looking at the title deeds last night when I noticed that my flat is leasehold. There is 73 years unexpired. If I want a lease extension then would I simply be paying for the costs?
  • I'm looking for some help concerning a lease extension on my flat. The plan is to do this sometime next year as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • We currently own a studio flat in Hellesdon 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 72 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Hellesdon 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?
  • We have a one bedroom apartment in Hellesdon with a lease of 70 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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