Common questions relating to Cramlington Lease Extensions

  • I need to extend my existing lease can you assist? I think it has seventy three years left
  • Hi. I need someone to review my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • My apartment in Cramlington is up for sale and I have a hopefully firm offer. There is eighty one years to run on the lease and I want to extend the lease. How much does it cost on average to get a lease extension by, say,45 years
  • My fiance and I have owned a leasehold flat for around eighteen years. There are seventy five years unexpired lease on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • I am the freeholder of a Victorian property split into two flats. 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 sixety four years. What are my next steps?
  • We are worried about seeking a lease extension from an objectionable freeholder. Notwithstanding that the correct procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £200 doubling every twenty years of the new lease. Can you help?
  • We currently own a maisonette in Cramlington and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety seven years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Cramlington 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in Cramlington
  • We have a garden flat in Cramlington with a lease of seventy one years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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