Lease Extensions in Norwich

Sample questions relating to Norwich Lease Extensions

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has seventy six years unexpired.

We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 899 years residual lease term so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.

I am looking to either purchase the freehold or a lease extension of my property in Norwich and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Nationwide Building Society to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1972 and since then the ground rent has increased from £25.00 per annum to £125 per annum.

I'm looking for an apartment to buy in Norwich and I'm not really familiar with the leasehold tenure. I've found a ground floor flat I like with a 90 years lease. My research reveals that I can get a lease extension having owned the property for 2 years, but:- Should I be looking for some conditions that would prevent me for getting a lease extension?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?

I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Norwich. I would be grateful if you can give me a call when you get a chance to discuss the case.

I do not need a lease extension but I do require a vesting order on a property I want to buy in Norwich. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.

I'm seeking some help with regard to a lease extension on my apartment. The intention is to do this next winter as we must 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 LVT route. Can you recommend a good with expertise in lease extensions. Ideally based in Norwich?

My wife and I are concerned about seeking a lease extension from tricky freeholder. Notwithstanding that the correct procedures were adhered to under the 1993 Act, the landlord still tried to charge ground rent of £250 increasing by 100% every twenty five years of the new term. Can you help?

My friend knows that others in the same block previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Is this advisable?

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