Frequently asked questions relating to Sheringham Lease Extensions

  • 35k agreed with the landlord, just seeking to find a Sheringham for a lease extension. Our flat has around sixety two yearsunexpired lease. Are you able to help us with this situation ?
  • My wife has an apartment based in Sheringham which we have just put on the market. The leasehold has circa sixety 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.
  • I bought a property in Sheringham and it has slightly more than seventy seven years unexpired. I'd like to arrange a lease extension by twenty years
  • I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 79 years remaining
  • I'm intending to make an offer on a house in Sheringham but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Accord Mortgages Ltd giving us the mortgage now?
  • The terms for the lease on my apartment in Sheringham are 95 years from 14 Jan 1988. Please give me a quote to extend the lease if I give you more information please?
  • I will soon view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy eight years unexpired on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • My mortgage lender requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Sheringham... I am unable to find any mention of this in my mortgage contract... is this a standard charge?
  • I am currently negotiating a lease extension for my flat in Sheringham as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Sheringham. I'll be looking to do this sometime next year as we need to move at some point 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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