Bedlington Lease Extensions Example Support Desk Enquiries

  • My partner has an apartment located in Bedlington which we are about to put on the market. The leasehold has just over 68 years left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I need to extend my existing lease can you assist? I think it has sixety one years balance left
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety seven years remaining.
  • 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?
  • My neighbours and I are in a block consisting of three flats in Bedlington and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking for advice as I am interested in a property that has only a 76 year lease and therefore requires a lease extension. Can I talk with someone to discuss my options please?
  • My aunt is concerned about getting a lease extension from tricky landlord. Even though the legal procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £300 doubling every twenty years of the new lease. Can you help?
  • I am planning on refinancing my studio flat in Bedlington and the bank that I am looking to switch to requires a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around 67 years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Bedlington 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?
  • I have a lease of 65 years remaining on my flat in Bedlington. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Bedlington

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