Alnmouth Lease Extensions

Recently asked questions relating to Alnmouth Lease Extensions

So this is the scenario: I bought a ground floor flat in Alnmouth that I now cannot sell as a result of the lease requiring a lease extension. What's your solicitors fee ?

My name´s William. I’m property hunting in Alnmouth I'm deliberating offering on a maisonette online, with just under 65 years unexpired lease, how much does it cost on average to get a lease extension by, say, twenty years?

I’m just looking for a one bedroom apartment to purchase in the Alnmouth area and was enquiring how much would it cost to extend a lease? It has 61 years as a balance left...

I bought a one bedroom second floor purpose built flat in Alnmouth. The start date for the lease was in 1991 for 99 years. Now I am wanting to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?

I have my suspicions that my niece is being hoodwinked. She submitted an offer on a garden flat in Alnmouth, where the lease is around seventy four years but she was advised by the selling agents that the owner had extended it to 99 years. She has now been advised the homeowner was waiting for her to instruct solicitors ahead of instigating the lease extension. Sounds odd to me, also it may take time to sort it all out. Am I being too sceptical?

My brother and I are considering purchasing a garden flat in Alnmouth which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?

I intend to buy a one bed flat in Alnmouth for asking price of 156k, which has 66 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Alnmouth. I would be grateful if you can give me a call when you get a chance to discuss the case.

My and my partner know that others in the same building previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?

I am currently negotiating a lease extension for my flat in Alnmouth 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?

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Alnmouth