Bessacarr Lease Extensions

Questions and Answers: Bessacarr Lease Extensions

My wife and I have just bought a garden flat located inBessacarr and I'm considering a lease extension as soon as practicable e.g. after 24 months of ownership

I bought a property in Bessacarr and it has slightly more than 59 years remaining. I'd like to arrange a lease extension by twenty years

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years 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 twenty years without the house being ours. Any advice would be much appreciated.

I have a lease of seventy five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

My co-lessees and I are in a block made up three flats in Bessacarr and have been offered to buy the freehold for 7k 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?

Is it possible to talk with you about a flat in Bessacarr, I am thinking of bidding at auction in the next few days. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.

I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a three bedroom first floor purpose built maisonette in Bessacarr, where the lease is approximately 61 years but she was informed by the estate agents that the vendor had extended it to 125 years. Only now has she been told the seller was waiting for her to instruct solicitors before commencing with the lease extension. Seems underhand, also it will take months to sort it all out. What do you think?

My fiance and I have owned a leasehold flat for approximately fifteen years. There are fivety eight years unexpired lease on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.

I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 79 years. I need a at my end. Can you advise please? I live near Bessacarr and have a mortgage with Accord Mortgages Ltd.

Me and my partner have been in discussion with our freeholder after having a valuation on our studio flat in Bessacarr. We have a sixety one year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.

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