Common questions relating to Saxmundham Lease Extensions

  • My name´s Owen. I’m flat hunting in Saxmundham I'm considering offering on a 2 bed flat online, with around 61 years outstanding, how much does it cost on average to extend in this location by, say, 35 years?
  • Hi, I am looking somewhere around or in Saxmundham 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I am looking for a in Saxmundham and they should be on the Leeds Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • Hello. I need someone to review my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • I am a FTB of a leasehold flat in Saxmundham. The lease has only sixety five years balance left and ground rent is £75. Is it possible for the seller to serve the Section 42 Notice and then assign over the 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 legal but will it be very time consuming to the owner? Unfortunately the landlord is absent, so I am not sure how this will play out.
  • I own a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. How long will take to get a lease extension?
  • I am in need of a lease extension for my flat in Saxmundham and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • Coming up to 2 years that I have owned my garden flat in Saxmundham. I have sixety one yrs remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I'm seeking some assistance concerning a lease extension on my maisonette. I'll be looking to do this next autumn as we need to 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 tribunal route. Can you recommend a good with expertise in lease extensions. Preferably nearby in Saxmundham?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Saxmundham