Common questions relating to Norfolk Broads Lease Extensions

  • We have just completed on a three bedroom first floor purpose built maisonette located inNorfolk Broads and I'm thinking about extending the lease as soon as I can e.g. after 24 months of ownership
  • My partner has an apartment located in Norfolk Broads which we have just put on the market. The leasehold has around 77 years outstanding on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • 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 would like to have my residential flat leasehold extension premium assessed. The flat is in Norfolk Broads, and my lease will reach sixety two years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I plan on buying a flat in Norfolk Broads. The offer is subject to the lease extension. The flat owner’s property lawyers has served the Notice of Claim. 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 Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • I am a FTB of a leasehold flat in Norfolk Broads. The lease has only fivety nine years remaining and ground rent is £95. Is it possible for the owner to serve the Notice of Claim and then transfer this right to me as the buyer on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the vendor? To add to the complexity the landlord is absent, so I am not sure how does it work.
  • My wife and I have a residential flat in Norfolk Broads with seventy nine years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from notional to a little more..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to renegotiate?
  • Me and my wife would like to know the cost of a lease extension valuation for a property based in Norfolk Broads. Is this something you can assist us with?
  • Coming up to 2 years that I have been in my garden flat in Norfolk Broads. I have 62 yrs outstanding on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • We have a three bed flat in Norfolk Broads with a lease of fivety six years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Norfolk Broads

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Norfolk Broads