Frequently asked questions relating to North Walsham Lease Extensions

  • We have just purchased a garden flat inNorth Walsham and I'm thinking about extending the lease as soon as possible e.g. after 24 months of ownership
  • I need to negotiate a lease extension for a flat in North Walsham and want to use a local conveyancers. Is there a conveyancers that you can recommend?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 67 years unexpired.
  • Hi. I need someone to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.
  • I am thinking about purchasing an auction property and identified a studio flat in North Walsham. It only has a 48 year lease..the current owner being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the disadvantages of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with Britannia?
  • I am looking to buy a one bed flat in North Walsham for asking price of 125k, which has seventy nine 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 the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I an interested in finding out more about leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in North Walsham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • Just a quick one, how much does it cost for a lease extension on a residential property in North Walsham for a two bed flat - section 42 is already served?
  • We know that others in the same block previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on previous premiums paid . This would save on double valuation charges. Would you recommend such a course of action?
  • I am currently in the process of remortgaging my garden flat in North Walsham and the new lender that I am looking to move to needs at least 80 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around seventy nine years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
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    Lease Extensions in North Walsham

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