Questions and Answers: Kings Lynn Lease Extensions

  • Hi, I just randomly found this site. I'm seeking prices on what it cost to extend a lease of a garden flat based in Kings Lynn. It's up for sale at the moment but has nearly 74 years left on the lease
  • I bought a property in Kings Lynn and it has nearon 55 years remaining. I'd like to extend the lease period
  • Do you only advise on lease extensions in Kings Lynn? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a solicitors.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I inherited a studio flat in Kings Lynn. The start date for the lease was in 2001 for 99 years. Now I am looking for a lease extension. I am uncertain about further expenses, could you tell me please how much I should expect to spend on this?
  • Me and my husband are considering buying a maisonette in Kings Lynn which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • Me and my fiance have been in discussion with our freeholder after having a valuation on our maisonette in Kings Lynn. We have a 69 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We are hoping to buy a home (a studio flat located inKings Lynn with share of freehold). During our search, we were always looking at apartments that had at least 84 years left. We came across a flat we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our property lawyers told us the lease only has sixety years and thus requires a lease extension. Should we run away, or do we negotiate our offer?
  • I am the freeholder of a property in Kings Lynn where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has upped this by £2,000 without too much effort. My valuer has put forward a much higher figure. 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 handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Kings Lynn
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    Lease Extensions in Kings Lynn

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