Questions and Answers: Thetford Lease Extensions

  • My name´s Aaron. I’m house hunting in Thetford I'm deliberating offering on a one bedroom first floor purpose built maisonette online, with around 75 years left, how much does it cost on average to get a lease extension by, say, 45 years?
  • I acquired a flat in Thetford with a leasehold unexpired nearly 74 years and need to extend it. Please can you clarify the next steps
  • I'm planning to make an offer on a house in Thetford but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays Direct giving us the mortgage now?
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a three bedroom ground floor purpose built flat in Thetford, where the lease is roughly 71 years but she was told by the selling agents that the homeowner had extended it to 99 years. She has now been told the current owner was holding off for her to instruct conveyancers before commencing with the lease extension. Sounds unscrupulous, also it could take months to sort it all out. What do you think?
  • I am a landlord of a block of flats in Thetford, and the tenants are in the process of being given lease extensions. I anticipate receiving the money next month. How does the tax work, the property is co-owned with my husband ?
  • I am in need of a lease extension for my flat in Thetford and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I do not need a lease extension but I do need a vesting order on a property I want to acquire in Thetford. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
  • I require an estimate to extend my mum’s lease on a one bedroom apartment in Thetford. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too high.
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Thetford. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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