Questions and Answers: Lowestoft Lease Extensions

  • I bought a flat in Lowestoft with a leasehold unexpired nearly sixety seven years and need to extend it. Please can you clarify the next steps
  • I have got a leasehold flat in the Lowestoft area and was wondering if I could get a lease extension. What are your processes and charges. There are 71 years remaining
  • I need to extend my existing lease can you help me with that? I think it has 57 years unexpired
  • We hope to sell our garden flat in Lowestoft but we may need to extend the lease, or possibly cover the expense of our purchaser. Are you able to suggest someone to help us?
  • I would like to know the likely expense and the best way to get a lease extension started? I have around 68 years left and I own a garden flat in Lowestoft.
  • We have a one bedroom flat in Lowestoft. There is 80 years to run on the lease and we want a lease extension. How much does it cost on average to extend in this area by, say,thirty years
  • I own a share of the freehold. There are three apartments in the building. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?
  • I am looking to buy a one bed flat in Lowestoft for asking price of 156k, which has fivety eight years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • My brother and I have been in discussion with our freeholder after having a valuation on our garden flat in Lowestoft. We have a 75 year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I am the freeholder of a property in Lowestoft and a 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 put forward a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. 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?
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    Lease Extensions in Lowestoft

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