Hellesdon Lease Extensions: Q and A’s

  • We have just completed on a studio flat based inHellesdon and I'm considering a lease extension as soon as practicable e.g. in two years
  • I'm intending to make an offer on a house in Hellesdon but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Platform Home Loans Ltd giving us the mortgage now?
  • I am looking to either purchase the freehold or a lease extension of my property in Hellesdon and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Accord Mortgages Ltd to release of equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has been raised from £38.00 per annum to £200 per annum.
  • We are considering purchasing a one bed flat in Hellesdon which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • Me and my husband have owned a leasehold flat for about twenty years. There are sixety eight years remaining on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • I am planning to extend the lease on my one bed flat in Hellesdon I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Edwardian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety three years. What are my next steps?
  • We have been in discussion with our freeholder after having a valuation on our three bedroom ground floor purpose built maisonette in Hellesdon. We have a sixety seven year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I own the freehold of a three bedroom flat in Hellesdon. The leaseholders have seventy two years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • We currently own a one bedroom ground floor purpose built maisonette 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 78 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Hellesdon