Common questions relating to Boldon Lease Extensions

  • Hi, I just randomly found this website. I'm seeking prices on what it cost to extend a lease of a garden flat located in Boldon. It's on the market at the moment but has around 71 years of unexpired leasehold
  • I have shares in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want a lease extension and I'm curious about the the process
  • I'm about to make an offer on a house in Boldon but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Coventry Building Society giving us the mortgage now?
  • I want to acquire a leasehold property and lease extension. The current owner has been there over 2 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 am looking to buy a one bed flat in Boldon with a lease of 65 years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • 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 would like to have my residential flat leasehold extension premium valued. The flat is in Boldon, and my lease will reach 58 years this January. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I will soon view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 73 years unexpired on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 66 years. I need a conveyancers at my end. Can you advise please? I live near Boldon and have a mortgage with Norwich and Peterborough Building Society.
  • I have a freehold of a three bedroom flat in Boldon. The leaseholders have 78 years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
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    Lease Extensions in Boldon

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