Sample questions relating to Corbridge Lease Extensions

  • I agreed with the freeholder to a lease extension on our flat based in Corbridge, 20k for a further 90yrs. How long is the process ?
  • My wife has a flat based in Corbridge which we have just put on the market. The leasehold has approximately 61 years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Thank you.
  • I want to purchase a leasehold property and lease extension. The homeowner has been there for four 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 ?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Corbridge, and my lease will reach 54 years this December. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I need to talk to you about a flat in Corbridge, I am considering bidding at auction next week. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
  • I have a share of the freehold. There are five apartments in the block. All the leaseholders are now requiring lease extensions. Are you willing to assist us with this situation?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • I am seeking advice as I am interested in a property that has only a 68 year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
  • I am the freeholder of a Edwardian property split into two apartments. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy eight years. What are my next steps?
  • If somebody 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 doing it?

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