FAQs concerning Crawcrook and Ryton Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want a lease extension and I'm curious about the procedure for this
  • I have got a leasehold flat in the Crawcrook and Ryton area and was curious whether I could obtain a lease extension. What are your processes and fees. Has sixety seven years remaining
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has sixety two years balance left.
  • I am looking to either purchase the freehold or a lease extension of my property in Crawcrook and Ryton and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with Nottingham Building Society to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease began in 1991 and since then the ground rent has been raised from £38.00 per year to £100 per annum.
  • I have my suspicions that my niece is being hoodwinked. She put in an offer on a garden flat in Crawcrook and Ryton, where the lease is around 72 years but she was advised by the estate agents that the seller had extended it to 99 years. Only now has she been informed the seller was waiting for her to instruct conveyancers before commencing with the lease extension. Seems unscrupulous, also it may take months to sort it all out. Am I reading too much into it?
  • My mortgage lender is requesting a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Crawcrook and Ryton... I can find no reference of this in my mortgage contract... is this a standard fee to pay?
  • Regarding a residence in Crawcrook and Ryton. GFF maisonette. 78 yrs left. I have negotiated a lease extension price of £14k for 125yrs. Freeholder also requested Section 42 Notice which I think should not be required. Can you assist.
  • I have a share of the freehold. There are three flats in the house. All the leaseholders are now requiring lease extensions. Are you willing to help us with this situation?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy years. I need a at my end. Can you advise please? I live near Crawcrook and Ryton and have a mortgage with Lloyds TSB Bank.
  • We would like to know the cost of a lease extension valuation for a property based in Crawcrook and Ryton. Would you be able to help?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Crawcrook and Ryton