Blaydon On Tyne Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to Blaydon On Tyne Lease Extensions
I want to purchase a leasehold property and lease extension. The current owner has been there over two 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 ?
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 have contacted my freeholder to extend my lease for my flat in Blaydon On Tyne. Her conveyancing practitioners has been in contact regarding costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started November 1985.
I'm looking for an apartment to purchase in Blaydon On Tyne and I'm not really familiar with the leasehold concept. I've found a place I like with a 82 years lease. My research reveals that I can get a lease extension having owned the property for a couple of years, but:- Should I anticipate any issue with my proposed mortgage lender Barnsley Building Society?
What will it cost me and what is the best way to get a lease extension started? I have just under 64 years outstanding on my lease on a two bedroom first floor purpose built flat in Blaydon On Tyne. I have contacted the agent who represent the head landlord and they sent me the number of the valuer. I telephone the surveyor but I am not receiving any calls back.
I own a share of the freehold. There are three flats in the building. All the leaseholders are now seeking lease extensions. Are you willing to assist us with this situation?
I am the freeholder of a Edwardian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety eight years. What are my next steps?
If a leaseholder owns a flat with a lease of under 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 extending the lease?
I own the freehold reversion of a property in Blaydon On Tyne and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My surveyor has suggested a much higher premium. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
I have a lease of 73 years remaining on my flat in Blaydon On Tyne. 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?