Chester le Street Lease Extensions

Sample questions relating to Chester le Street Lease Extensions

My name´s Jake. I’m house hunting in Chester le Street I'm seeing a one bed flat online, with nearly fivety five years left, how much does it cost on average to get a lease extension by, say, thirty years?

My partner has an apartment based in Chester le Street which we have just put on the market. The leasehold has nearon seventy eight years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.

I have got a leasehold flat in the Chester le Street area and was enquiring if I could obtain a lease extension. What are your processes and charges. There are sixety years remaining

I am looking for a in Chester le Street and they should be on the Skipton Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Are you able to recommend any please ?

I will soon view a one bedroom maisonette, 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 seventy eight years unexpired on the lease. It is also a repo so I'm guessing that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

I am concerned that my daughter might have had the wool pulled over her eyes. She put in an offer on a 2 bed flat in Chester le Street, where the lease is around 79 years but she was informed by the estate agents that the homeowner had extended it to 125 years. Only now has she been advised the vendor was waiting for her to retain lawyers ahead of instigating the lease extension. Sounds unscrupulous, also it could take time to sort it all out. What do you think?

Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Chester le Street. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.

Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Chester le Street. She recently got a price from the freeholder for a lease extension but I am not sure it is reasonable.

I am currently negotiating a lease extension for my flat in Chester le Street 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?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Chester le Street

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