FAQs concerning Boldon Lease Extensions

  • My partner has a flat located in Boldon which we are about to put on the market. The leasehold has slightly more than fivety nine years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I have got a leasehold flat in the Boldon area and was enquiring if I could get a lease extension. What are your processes and fees. There are sixety five years balance left
  • I am going to purchase a flat located in Boldon. The offer is conditional upon a lease extension. The current owner’s lawyers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • I am concerned that my daughter is being hoodwinked. She put in an offer on a garden flat in Boldon, where the lease is nearly 56 years but she was told by the selling agents that the vendor had extended it to 99 years. She has now been told the homeowner was waiting for her to retain conveyancers ahead of instigating the lease extension. Seems odd to me, also it may take time to sort it all out. Am I being too sceptical?
  • My wife and I are considering buying a 2 bed flat in Boldon which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom apartment in Boldon
  • I'm hoping for some assistance with regard to extending the lease on my maisonette. The plan is to do this sometime next year as we must move 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 LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • I am currently in the process of refinancing my garden flat in Boldon and the mortgage company that I am looking to move to needs a minimum 85 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around sixety four years on the leasehold so require some advice, guidance, and some quotes to get the wheels in motion for a lease extension
  • We have a one bedroom first floor purpose built flat in Boldon with a lease of seventy seven years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Boldon. 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 Boldon

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