Top Ten Questions relating to Bedlington Lease Extensions

  • We are thinking about a lease extension for our garden flat located in Bedlington and we are confused by the communication that we got from our landlord company. Can you please help us with this situation?
  • I inherited a flat in Bedlington with a leasehold unexpired around 59 years and need to extend it. Please can you advise me of the next steps
  • I'm about to make an offer on a house in Bedlington 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 giving us the mortgage now?
  • I want to purchase a leasehold property and extend the lease. The current owner has been there for three years and will assign 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 would like to buy. It has seventy three years left.
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not required. 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 25 years without the house being ours. Any advice would be much appreciated.
  • We own a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Bedlington and looking to do a vesting order. Is this something you can do for us?
  • Re a property in Bedlington. lower maisonette. seventy five yrs unexpired. I have negotiated a lease extension price of £12,000 for 125yrs. Landlord also requested Section 42 Notice which I think is a bit over the top. Advice required.
  • My husband and I have a ground floor flat in Bedlington with sixety nine years to run. Last year we were quoted a deal to have a lease extension for a further 25 years but also increase ground rent from nominal to a little more..plus a premium I think of about 14k. Finally we have decided to move forward but do we now have to renegotiate?
  • My OH and I are considering buying a one bed flat in Bedlington which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease expires, 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?
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    Lease Extensions in Bedlington

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