Recently asked questions relating to Snettisham Lease Extensions

  • Hi, I am looking somewhere around or in Snettisham 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 899 years balance left so a lease extension is not required. 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 true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any information would be much appreciated.
  • I own a maisonnette and the freehold. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Snettisham, and my lease will reach 60 years this January. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Snettisham, and would like some figures on that.
  • I am a FTB of a leasehold flat in Snettisham. The lease has only fivety seven years residual lease term and ground rent is £50. Is it possible for the owner to serve the Notice of Claim and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the homeowner? Unfortunately it’s the case of an absent freeholder, so I am not sure how this will play out.
  • I am the freeholder of a Victorian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety seven years. What are my next steps?
  • I own the freehold reversion of a property in Snettisham and a leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • My and my husband know that others in the same building previously had a lease extension, and the landlord seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • I am planning on refinancing my one bedroom first floor purpose built maisonette in Snettisham and the new lender that I am looking to move to requires at least 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around seventy one years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension
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    Lease Extensions in Snettisham

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