Recently asked questions relating to Ormesby Lease Extensions

  • I’m about to offer on a studio flat to buy in the Ormesby area and was after more information on how much would it cost to extend a lease? It has 67 years outstanding...
  • Hi. I need someone to have a look at my lease extension ahead of it being completed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
  • 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?
  • Possibly made a mistake, I am actually looking for a property lawyers in Ormesby who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
  • The terms for the lease on my apartment in Ormesby are 101 years from 1 Dec 1990. Please give me a quote to extend the lease if I give you more details please?
  • I am a landlord of a block of flats in Ormesby, and the tenants are in the process of being issued lease extensions. I should hopefully get funds next week. As I am not on self assessment do I write to the Inland Revenue ?
  • My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I would like some guidance on purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Ormesby area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • We have owned a leasehold flat for about twenty years. There are sixety three years outstanding on the lease. After a year of protracted negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • I'm looking at acquiring an apartment in Ormesby at a price of £256,000 the flat has approaching 55 years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in November, hoping I'd have completed by Christmas. The seller has just come back saying that they are prepared to reduce the price by£2k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
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    Lease Extensions in Ormesby

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