Gosforth Lease Extensions

Common questions relating to Gosforth 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 procedure for this

I invested in buying a property in Gosforth and it has just over sixety seven years unexpired. I'd like to arrange a lease extension by twenty years

I purchased a maisonette based in Gosforth with a leasehold unexpired of sixety seven years. I am curious about how much it will cost me to extend my leasehold

I am going to purchase a flat located in Gosforth. My offer is subject to the lease extension. The homeowner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender TSB. Moreover, which are the following lease extension steps to complete the purchase?

I'm planning on purchasing a three bed flat (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?

I am looking into the costs of carrying out a lease extension for my garden flat in Gosforth, and would like some figures on that.

I am considering whether to purchase the freehold or a lease extension of my property in Gosforth and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously remortgage with Santander to free up equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1979 and since then the ground rent has been raised from £38.00 per annum to £200 per year.

Offer accepted on a a garden flat in Gosforth, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.We are soon to exchange contracts within a week. My query is how is possible that the estate agent got it so wrong?

I intend to buy a one bed flat in Gosforth for asking price of 156k, which has 63 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 query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Gosforth

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