Questions and Answers: Yarmouth Lease Extensions

  • I need to extend my existing lease can you assist? I think it has fivety four years residual lease term
  • We have seen a house for sale for £215k and we are very keen on but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
  • I am about to put an offer in on a two bedroom ground floor purpose built flat in Yarmouth with a lease of 63 years but have no idea what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I acquired a studio flat in Yarmouth. I am looking for a lease extension on the property. It is approaching eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • In 2012 I purchased a leasehold apartment in Yarmouth. I have built a large extension and have not informed the leaseholder. What should I do?
  • We wish to extend our lease. We will have been in the flat for 2 years as of 22nd Feb 2016. It has approximately sixety three years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as is reasonably achievable.
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Yarmouth. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the garden area.
  • Do you handle lease extensions on land? (a plot of land in Yarmouth with 82yrs remaining)
  • We have a studio flat in Yarmouth with a lease of sixety eight years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Yarmouth

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