Lease Extensions in Cullercoats

Cullercoats Lease Extensions: Q and A’s

I bought a flat in Cullercoats with a leasehold unexpired about seventy five years and need a lease extension. Please can you advise me of the next stages

I am looking to extend the lease on my one bedroom apartment in Cullercoats which will have sixety three years unexpired lease in September. What fees do you charge for this?

I want to acquire a leasehold property and lease extension. The vendor has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

Do you only handle lease extensions in Cullercoats? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .

We have a ground floor flat in Cullercoats with seventy years to run. Ten months ago we were quoted a deal to have a lease extension for a further fifty years but also increase ground rent from notional to £200 per annum..plus a premium I think of approximately 16k. Finally we have decided to move forward but do we now have to renegotiate?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I'm living with my parents but have a ground floor flat in Cullercoats let out which has a seventy one year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Cullercoats for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?

Just a quick question, how much are the legal fees for a lease extension on a residential property in Cullercoats for a one bed flat - sec 42 is already in place?

We have a ground floor flat in Cullercoats with a lease of fivety six years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

I have a lease of fivety six years remaining on my flat in Cullercoats. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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