Questions and Answers: Sudbury Lease Extensions

  • 40k agreed with the landlord, just attempting to find a Sudbury for a lease extension. Our flat has nearon seventy yrsleft. Are you able to help us with this situation ?
  • I inherited a property in Sudbury and it has just under 68 years outstanding. I'd like to arrange a lease extension by twenty years
  • The intention is to sell our maisonette in Sudbury but we may require a lease extension, or possibly cover the expense of our purchaser. Can you recommend someone to undertake the legal formalities?
  • The terms for the lease on my flat in Sudbury are 95 years from 10 Sep 1988. Can you provide me a quote for a lease extension if I give you more specifics please?
  • My husband and I have a residential flat in Sudbury with 75 years left. Last year we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from notional to a little more..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to renegotiate?
  • My wife and I have a GFF located in Sudbury. There is eighty years remaining on the lease and we want a lease extension. How much does it cost on average to extend in this location by, say,35 years
  • My brother has a share of freehold, with two other leaseholders in a building in Sudbury. House divided into three apartments. He has a lease, which has around 65 years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around fivety six years. I need a at my end. Can you advise please? I live near Sudbury and have a mortgage with Santander.
  • I do not need a lease extension but I do require a vesting order on a property I want to purchase in Sudbury. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the garden area.
  • I am currently negotiating a lease extension for my flat in Sudbury 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?

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