FAQs concerning Hunstanton Lease Extensions

  • I'm about to make an offer on a house in Hunstanton 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 Norwich and Peterborough Building Society giving us the mortgage now?
  • I have contacted my freeholder for a lease extension for my flat in Hunstanton. His solicitors has been in contact regarding charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started December 1986.
  • I purchased a garden flat in Hunstanton. The start date for the lease was in 2001 for 99 years. Now I am looking to extend the lease. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • We are selling our maisonette in Hunstanton but we may need to extend the lease, or possibly cover the costs of our buyers. Can you recommend someone to assist?
  • My leasehold flat in Hunstanton is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want to extend the lease. What does it cost on average to extend in this area by, say,35 years
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • Just been over 2 years that I have been in my garden flat in Hunstanton. I have 55 yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to the tribunal etc)?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Hunstanton. I reside in the top flat. I was reviewing the title deeds today when I noticed that my flat is leasehold. There is 77 years unexpired. If I want a lease extension then would I just be paying for the lawyers costs?
  • I own the freehold reversion of a property in Hunstanton where the leaseholder would like a lease extension. Her valuer has provided a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My valuer has suggested a much higher amount. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
  • I'm seeking some assistance with regard to a lease extension on my maisonette. The plan is to do this next winter 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?
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    Lease Extensions in Hunstanton

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