Lease Extensions in Ashington

Frequently asked questions relating to Ashington Lease Extensions

I’m thinking about a lease extension for our two bed flat located in Ashington and we don't fully understand the letter that we received from our freehold company. How long will it take?

35k agreed with the landlord, just trying to find a Ashington for a lease extension. Our flat has about sixety seven yrsunexpired lease. Can you please help us with this situation ?

Hi, I stumbled upon this site. I'm seeking prices on what a lease extension will cost for a studio flat in Ashington. It's up for sale at the moment but has slightly more than seventy four years left on the lease

I have been in touch with my freeholder for a lease extension for my flat in Ashington. Her has been in contact concerning costs etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started July 199.

I'm considering buying a ground floor flat (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be cheaper to try to purchase the freehold or to get a lease extension and apply for RTM?

I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 77 years. I need a at my end. Can you advise please? I live near Ashington and have a mortgage with Bank of Scotland.

I own the freehold of a one bedroom flat in Ashington. The leaseholders have sixety two years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?

We are are hoping to complete on a ground floor flat in Ashington which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must be patient pending registration of the new lease?

We are hoping to acquire a flat (a two bedroom first floor purpose built maisonette based inAshington with share of freehold). Throughout our search, we were always looking at flats that had at least eighty five years residual lease term. We identified a apartment we liked and the selling agent promised us that the lease term was not an issue. Yesterday our told us the lease only has sixety six years and thus needs a lease extension. Should we run away, or do 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?

Are you able to provide an estimate to extend my mother’s lease on a maisonette in Ashington. She already has a price from the freeholder for a lease extension but I am not sure it is too high.

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