Hebburn Lease Extensions

Hebburn Lease Extensions: Q and A’s

I agreed with the head landlord for a lease extension on our flat in Hebburn, 19.5k for an additional 90yrs. How long is the process ?

I'm intending to make an offer on a house in Hebburn but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Scotland giving us the mortgage now?

How much will I need to spend and what is the best way to start the lease extension process? I have just under 61 years left on my lease on a ground floor flat in Hebburn. I have contacted the agent who represent the freeholder and they gave me the number for the surveyor. I have contacted the surveyor but I am not receiving any returned calls.

I am concerned that my daughter might be having the wool pulled over her eyes. She submitted an offer on a studio flat in Hebburn, where the lease is about 55 years but she was informed by the estate agents that the homeowner had extended it to 125 years. She has now been informed the homeowner was waiting for her to retain conveyancers prior to commencing with the lease extension. Seems devious, also it could take a while to sort it all out. Am I being too sceptical?

I have a share of the freehold. There are three flats in the block. All the leaseholders are now requiring lease extensions. What's your legal fee?

We are considering buying a one bed flat in Hebburn which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?

I an interested in finding out more about purchasing a leasehold residence. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Hebburn area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?

My and my husband are worried about seeking a lease extension from tricky freeholder. Notwithstanding that the correct procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £200 doubling every twenty five years of the new lease. Can you assist?

My and my fiance know that others in the same building previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you suggest this course of action?

Do you handle lease extensions on land? (a plot of land in Hebburn with 82yrs remaining)

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