East Boldon Lease Extensions Example Support Desk Enquiries

  • So this is the scenario: I own a studio flat in East Boldon that I now cannot sell as a result of the lease needing a lease extension. What's your legal fee ?
  • I own a property in East Boldon and it has roughly 59 years unexpired. I'd like to extend the lease period
  • I am looking for a in East Boldon and they should be on the Alliance & Leicester approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend any please ?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in East Boldon and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Virgin Money to release of equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1981 and since then the ground rent has been raised from £15.00 per year to £300 per annum.
  • I have a leasehold apartment in East Boldon. I have built a large extension and have not informed my freeholder. What are my options?
  • I am a first time buyer of a leasehold flat in East Boldon. The lease has just sixety eight years left and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the homeowner? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.
  • I am a landlord of a block of flats in East Boldon, and the tenants are in the process of being granted lease extensions. I should hopefully get the money next week. As I am not on self assessment do I contact HMRC ?
  • Me and my sister are considering buying a one bedroom second floor purpose built flat in East Boldon which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I intend to buy a one bed flat in East Boldon for asking price of 145k, which has seventy seven years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I'm living with my parents but have a two bedroom second floor purpose built flat in East Boldon let out which has a 61 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 East Boldon 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 13k. Should I keep or sell the flat?

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