Frequently asked questions relating to Birtley Lease Extensions

  • I’ve just completed on a 2 bed flat inBirtley and I'm deliberating extending the lease as soon as I can e.g. in two years
  • Hi, I just randomly found this site. I'm seeking prices on what a lease extension will cost for a 2 bed apartment in Birtley. It's on the market at the moment but has circa 55 years remaining on the lease
  • I want to acquire a leasehold property and extend the lease. The owner has been there for four years and will sign 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 property lawyers in Birtley and they should be on the Barnsley Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend a conveyancing practitioners ?
  • 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?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Birtley, and would like some figures on that.
  • I need to talk to you about a flat in Birtley, I am thinking of buying at auction next month. 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.
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I'm looking for some advice with regard to a lease extension on my one bedroom first floor purpose built maisonette in Birtley. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Birtley

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