Heaton Lease Extensions

FAQs concerning Heaton Lease Extensions

I am fairly sure that our has advised us incorrectly concerning a lease extension and I would like to know how to go about making a formal complaint

I have shares in the freehold of 2 blocks of flats comprising of 8 flats each. Two of the leaseholders want a lease extension and I'm curious about the procedure for this

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I plan on buying a flat in Heaton. The offer is subject to the lease extension. The vendor’s has given to the freeholder the Section 42 Notice. 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 Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?

My neighbours and I are in a building containing four flats in Heaton and have been offered to buy the freehold for 7k 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?

Think I may have made a mistake, I am searching for a in Heaton who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?

I am looking to either purchase the freehold or a lease extension of my property in Heaton and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with The Royal Bank of Scotland to free up equity. The adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1979 and since then the ground rent has increased from £15.00 per annum to £200 per year.

Me and my fiance have owned a leasehold flat for about twenty years. It now has 63 years outstanding on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.

My OH and I would like to know the cost of a lease extension valuation for a property based in Heaton. Is this something you can assist us with?

I own the freehold to two flats. Someone has the lease on the ground flat in Heaton. I live in the top flat. I was reviewing the land registry documents yesterday when I noticed that my flat has a lease on it. There is sixety one years left. If I want to do a lease extension then would I simply be paying for the fees?

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