Lowestoft Lease Extensions: Q and A’s

  • I bought a property in Lowestoft and it has around 60 years left. I'd like to arrange a lease extension by twenty years
  • I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Lowestoft - I wanted to see if with your services it is possible for this to be extended?
  • Hello. I need someone to review my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor amendments.
  • I plan on buying a flat located in Lowestoft. The offer is subject to the lease extension. The seller’s solicitors has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Barclays . Moreover, which are the following lease extension steps to complete the purchase?
  • I need to talk to you about an apartment in Lowestoft, I am considering buying at auction next month. The flat only has a few years remaining and I wanted to inquire about what it would cost to get a lease extension and for your services.
  • I am a FTB of a leasehold flat in Lowestoft. The lease has only 73 years remaining and ground rent is £50. Is it possible for the seller to serve the Initial Notice and then transfer over the right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the flat owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • I an interested in finding out more about leasehold property buying. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Lowestoft area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy eight years. I need a solicitors at my end. Can you advise please? I live near Lowestoft and have a mortgage with Platform Home Loans Ltd.
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my studio flat in Lowestoft
  • I'm seeking some advice with regard to extending the lease on my apartment. I'll be looking to do this in six months time 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 tribunal route. Should 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 Lowestoft

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