Examples of recent questions relating to Lease Extensions in Walsingham

  • I agreed with the head landlord to a lease extension on our flat in Walsingham, 15.5k for an extension by 90yrs. How long is the process ?
  • My partner has an apartment based in Walsingham which we have just put on the market. The leasehold has around seventy years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I want to buy a leasehold property and extend the lease. The owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 56 years unexpired.
  • The terms for the lease on my flat in Walsingham are 101 years from 10 Feb 1980. Please give me a quote for a lease extension if I give you more details please?
  • I am looking to either purchase the freehold or a lease extension of my property in Walsingham and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with TSB to release of equity. My broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1972 and since then the ground rent has been raised from £25.00 per annum to £300 per annum.
  • I am about to view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety two years outstanding on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am the freeholder of a Edwardian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 73 years. What are my next steps?
  • Me and my fiance would like to know the cost of a lease extension valuation for a property based in Walsingham. Is this something you can assist us with?
  • We are hoping to buy a flat (a 2 bed flat inWalsingham with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years residual lease term. We found a apartment we fell in love with and the estate agent assured that the lease term was not an issue. This morning our lawyers informed us the lease only has 76 years and therefore needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Walsingham

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