Stowmarket Lease Extensions

Questions and Answers: Stowmarket Lease Extensions

My wife has a flat located in Stowmarket which we have just put on the market. The leasehold has just under seventy seven years balance left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Many thanks.

I would like to have my residential flat leasehold extension premium assessed. The flat is in Stowmarket, and my lease will reach 57 years this July. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?

I am going to purchase a flat located in Stowmarket. The offer is subject to the lease extension. The owner’s has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Ireland. Moreover, which are the following lease extension steps to complete the purchase?

I am about to view a one bedroom maisonette, although not exactly my dream 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 four years remaining on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

My father has a share of freehold, with two other leaseholders in a building in Stowmarket. House converted into three apartments. He has a lease, which has slightly more than seventy eight yrs left. How much would it cost for a lease extension and how many years would he need to extend by?

My brother and I have owned a leasehold flat for approximately fifteen years. It now has sixety six years left on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.

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 seventy four years. I need a at my end. Can you advise please? I live near Stowmarket and have a mortgage with Coventry Building Society.

I'm looking at purchasing a flat in Stowmarket at a price of £210,000 the flat has something like seventy five years remaining on the lease. My offer was subject to the lease being renewed... .. that was back in September, expecting I'd have moved in by now. They have just come back saying they'll knock £4k off if I deal with the lease extension myself. I'm unsure if I should take them up on the offer

I'm hoping for some advice with regard to a lease extension on my flat. The plan is to do this in six months time as we have 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. You are able to recommend a good who specialises in lease extensions. Preferably someone in Stowmarket area?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Stowmarket

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