FAQs concerning Swaffham Lease Extensions

  • I bought a maisonette located in Swaffham with a leasehold unexpired of 54 years. I am wondering about how much I will need to spend to extend my leasehold
  • I am looking into the costs of carrying out a lease extension for my studio flat in Swaffham, and would like some figures on that.
  • I own a leasehold apartment in Swaffham. I have built a huge extension and have not informed my leaseholder. What should I do?
  • My husband and I have a leasehold flat in Swaffham with 61 years to run. Last year we were quoted a deal to have a lease extension for a further thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 10k. We have now decided to move forward but do we now have to start the negotiations again?
  • We would like to extend our lease. We will have been in the flat for two years as of 22nd May 2016. It has slightly less than fivety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I would like some guidance on leasehold property buying. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Swaffham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Swaffham. Would you be able to help?
  • Just been over 2 years that I have been in my ground floor flat in Swaffham. I have 57 yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I am the freeholder of a property in Swaffham and a leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • I am currently negotiating a lease extension for my flat in Swaffham 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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    Lease Extensions in Swaffham

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