Lease Extensions in Cullercoats

Cullercoats Lease Extensions: Q and A’s

Hi, I stumbled upon your website. I'm seeking prices on what a lease extension will cost for a two bedroom second floor purpose built flat based in Cullercoats. It's on sale at the moment but has nearly 77 years left on the lease

I want to acquire a leasehold property and lease extension. The owner has been there over two 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 ?

We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 798 years remaining so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.

I own a leasehold apartment in Cullercoats. I have built a huge extension and have not informed the leaseholder. What are my options?

I'm looking for an apartment to buy in Cullercoats and I'm not really familiar with the leasehold title. I've identified a two bedroom first floor purpose built flat I like with a 90 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?

What will I need to spend and what is the best way to start the lease extension process? I have roughly 69 years unexpired lease on my lease on a garden flat in Cullercoats. I have called the agent who act on behalf of the head landlord and they gave me the number of the valuer. I telephone the valuer but I am not getting any returned calls.

My wife and I have a ground floor flat in Cullercoats with 58 years remaining. Ten months ago we were quoted a deal to have a lease extension for a further thirty years but also increase ground rent from notional to £200 per annum..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to start the negotiations again?

I an interested in finding out more about leasehold property buying. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Cullercoats area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

I am planning on refinancing my studio flat in Cullercoats and the mortgage company that I am looking to switch to needs a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 55 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process

I have fivety eight years remaining on my lease of a ground floor flat in Cullercoats, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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