Common questions relating to Hebburn Lease Extensions

  • I invested in buying a flat in Hebburn with a leasehold unexpired circa 68 years and need a lease extension. Please can you clarify the next steps
  • Hello, I just randomly found this website. I'm looking for prices on what it cost to extend a lease of a garden flat based in Hebburn. It's on sale at the moment but has about seventy eight years of unexpired leasehold
  • I'm about to make an offer on a house in Hebburn but I'm a little worried 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 Britannia giving us the mortgage now?
  • I inherited a ground floor flat in Hebburn with a leasehold unexpired of seventy nine years. I am wondering about what I will need to spend to extend my leasehold
  • I am looking to purchase a garden flat in Hebburn with a lease of fivety five years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking to either purchase the freehold or a lease extension of my property in Hebburn and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Bank of Scotland to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £38.00 per year to £200 per year.
  • I own a share of the freehold. There are five apartments in the house. All the leaseholders are now seeking lease extensions. Are you able to assist us with this situation?
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am looking to extend the lease on my garden flat in Hebburn I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I have 71 years remaining on my lease of a ground floor flat in Hebburn, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
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    Lease Extensions in Hebburn

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