Chester le Street Lease Extensions

Chester le Street Lease Extensions: Q and A’s

I think our has advised us incorrectly concerning a lease extension and I want to find out how to complain

I am looking to extend the lease on my one bed flat in Chester le Street which will have sixety eight years outstanding in June. What fees apply?

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has sixety seven years outstanding.

The terms for the lease on my flat in Chester le Street are 99 years from 1 Dec 1988. Can you provide me a quote for a lease extension if I give you more specifics please?

I am a FTB of a leasehold flat in Chester le Street. The lease has only seventy years remaining and ground rent is £75. Is it possible for the seller to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the owner? Unfortunately the landlord can not be found, so I am not sure how this will play out.

How much will I need to spend and what is the best way to get a lease extension started? I have approximately 74 years remaining on my lease on a garden flat in Chester le Street. I have emailed the agent who act on behalf of the freeholder and they provided me with the number of the surveyor. I left a phone message for the valuer but I am not receiving any kind of answer.

I have my suspicions that my niece is being hoodwinked. She put in an offer on a one bed flat in Chester le Street, where the lease is circa 77 years but she was advised by the estate agents that the owner had extended it to 99 years. Only now has she been told the vendor was waiting for her to appoint conveyancers ahead of instigating the lease extension. Seems odd to me, also it will take months to sort it all out. What do you think?

I own a share of the freehold. There are four apartments in the house. All the leaseholders are now requiring lease extensions. What are the timescales to grant a lease extension?

I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 58 years. I need a at my end. Can you advise please? I live near Chester le Street and have a mortgage with Bank of Scotland.

I'm looking at acquiring an apartment in Chester le Street valued at £195,000 the flat has approaching 56 years unexpired on the lease. My offer was conditional upon the lease being renewed... .. that was back in August, hoping I'd have moved in before Christmas. They have just informed me that they are prepared to reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure whether that's a good idea

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