Examples of recent questions relating to Lease Extensions in Blaydon On Tyne

  • My name´s Kai. I’m house hunting in Blaydon On Tyne I'm seeing a one bedroom apartment online, with around 72 years unexpired lease, how much does it cost on average to extend in this area by, say, 25 years?
  • I have an interest in the freehold of buildings comprising of six flats each. Two of the leasehold owners want to extend their leases and I'm curious about the the process
  • I want to acquire a leasehold property and extend the lease. The seller has been there over two 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 have a lease of 77 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I'm deliberating over buying a garden flat (leasehold) but the landlord has been missing for nearon 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to get a lease extension and apply for RTM?
  • My co-lessees and I are in a block consisting of three flats in Blaydon On Tyne and have been offered to buy the freehold for £6000 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?
  • Ref a property in Blaydon On Tyne. lower maisonette. 75 yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Freeholder also requested Section 42 Notice which I think should not be required. Can you assist.
  • We are in the throws of buying a property (a one bedroom apartment located inBlaydon On Tyne with share of freehold). During our search, we were always looking at flats that had at least eighty five years left on the lease. We identified a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our told us the lease only has 71 years and therefore needs a lease extension. Should we walk away, or do we negotiate our offer?
  • I am planning on refinancing my ground floor flat in Blaydon On Tyne and the mortgage company that I am looking to move to needs at least 85 years remaining on the lease in order for them to progress matters. We currently have around seventy seven years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • I am currently negotiating a lease extension for my flat in Blaydon On Tyne 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?

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