Common questions relating to Dunston Lease Extensions

  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
  • I have got a leasehold flat in the Dunston area and was wondering whether I could get a lease extension. What are your processes and charges. Has seventy two years balance left
  • I am interested in getting a lease extension for a flat in Dunston and want to use a local . Is there a that you can recommend?
  • We are in a block comprising four flats in Dunston and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • We have a first floor flat in Dunston with 58 years to run. Ten months ago we were quoted a deal to grant a lease extension for a further thirty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of approximately 10k. We have now decided to go ahead but do we now have to renegotiate?
  • Me and my sister have owned a leasehold flat for approximately twenty years. There are 78 years unexpired lease on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • I'm intent on purchasing a flat in Dunston valued at £256,000 the flat has something like sixety one years left on the lease. My offer was conditional upon a lease extension... .. that was back in September, hoping I'd have completed by Christmas. The owner has just come back saying that they are prepared to reduce the price by£2k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • We are in the throws of buying a property (a ground floor flat based inDunston with share of freehold). During our search, we were always looking at properties that had a minimum ninety years unexpired. We identified a apartment we liked and the estate agent promised us that the lease term was not an issue. Yesterday our advised us the lease only has 78 years and thus needs a lease extension. Should we run away, or should we reduce our offer?
  • My and my fiance are concerned about seeking a lease extension from a difficult landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the freeholder still tried to charge ground rent of £300 doubling every 25 years of the new term. Can you assist?
  • Do you handle lease extensions on land? (a plot of land in Dunston with 82yrs remaining)

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