Top Ten Questions relating to Sprowston Lease Extensions

  • I inherited a ground floor flat located in Sprowston with a leasehold unexpired of 61 years. I am curious about what it will cost me to extend my lease term
  • The terms for the lease on my apartment in Sprowston are 99 years from 15 Sep 1988. Can you give me a quote for a lease extension if I give you more information please?
  • I will soon view a two bedroom maisonette, although not exactly my ideal 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 69 years remaining on the lease. It is also a repossession so I'm assuming that the lender will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Offer accepted on a a one bedroom apartment in Sprowston, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as 85 years.Contracts were due to be exchanged in a couple of days. My question is why has this only just been brought to my attention by my ?
  • I an interested in finding out more about purchasing a leasehold residence. We hope 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 Sprowston area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety eight years. I need a at my end. Can you advise please? I live near Sprowston and have a mortgage with Bank of Scotland.
  • I'm living at parents but have a maisonette in Sprowston let out which has a 72 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Sprowston for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • Hello I own the freehold interest in a one bedroom flat in Sprowston. The leaseholder has a 75 year lease and would like to purchase another 125 years. She is offering me £18,000 but I am unsure if this is too low an offer
  • I'm hoping for some advice with regard to extending the lease on my flat. The plan is to do this in six months time 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 LVT route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • Do you handle lease extensions on land? (a plot of land in Sprowston with 82yrs remaining)

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