Heaton and Jesmond Lease Extensions Example Support Desk Enquiries

  • We agreed with the freeholder for a lease extension on our flat located in Heaton and Jesmond, 10.5k for a further 90yrs. How long is the process ?
  • My name´s Hunter. I’m house hunting in Heaton and Jesmond I'm seeing a two bedroom first floor purpose built maisonette online, with circa sixety seven years left, how much will it likely cost to get a lease extension by, say, fifty years?
  • I need to negotiate a lease extension for a flat in Heaton and Jesmond and want to use a local . Is there a that you can recommend?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any information would be much appreciated.
  • Do you only handle lease extensions in Heaton and Jesmond? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a .
  • 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 based in Heaton and Jesmond. The offer is conditional upon a lease extension. The homeowner’s has served 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 Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I own a share of the freehold. There are five flats in the house. All the leaseholders are now seeking lease extensions. Are you willing to help us with this situation?
  • I am the freeholder of a 1930’s property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 70 years. What are my next steps?
  • I am currently in the process of refinancing my one bedroom ground floor purpose built maisonette in Heaton and Jesmond and the bank that I am looking to move to needs a minimum 85 years on the leasehold of my property in order for them to take the mortgage forward. We currently have around seventy six years on the leasehold so looking for some advice, guidance, and some quotes to get the wheels in motion for a lease extension

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