Recently asked questions relating to Heaton and Jesmond Lease Extensions

  • I have got a leasehold flat in the Heaton and Jesmond area and was enquiring whether I could get a lease extension. What are your processes and fees. There are 55 years balance left
  • I am looking to buy a one bedroom apartment in Heaton and Jesmond with a lease of sixety years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • 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 have been in touch with my freeholder for a lease extension for my flat in Heaton and Jesmond. His lawyers has been in contact regarding charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started April 1985.
  • I am about to view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 58 years balance left on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • I own a share of the freehold. There are three apartments in the building. All the leaseholders are now seeking lease extensions. Are you able to help us with this situation?
  • I am the owner of a purpose-built flat in a small development in Heaton and Jesmond. The leasehold interest in the apartment on a 99 year lease started from 2nd March 1969 with a set ground rent of £10 per annum. I wish to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Heaton and Jesmond. Would you be able to help?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Do you handle lease extensions on land? (a plot of land in Heaton and Jesmond with 82yrs remaining)
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    Lease Extensions in Heaton and Jesmond

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