FAQs concerning Heddon On The Wall Lease Extensions

  • My name´s Teddy. I’m house hunting in Heddon On The Wall I'm considering offering on a one bedroom second floor purpose built maisonette online, with nearly 69 years remaining, how much will it likely cost to get a lease extension by, say, 45 years?
  • Hello, I am looking somewhere around or in Heddon On The Wall 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years balance left so a lease extension is not a concern. 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 correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.
  • 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?
  • The terms for the lease on my apartment in Heddon On The Wall are 101 years from 10 Dec 1990. Please supply me me a quote to extend the lease if I give you more information please?
  • We have a one bedroom flat located in Heddon On The Wall. There is 80 years left on the lease and we want a lease extension. What does it cost on average to get a lease extension by, say,thirty years
  • I am looking to buy a one bed flat in Heddon On The Wall for asking price of 156k, which has seventy one years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • We would like to know the cost of a lease extension valuation for a property based in Heddon On The Wall. Would you be able to help?
  • Me and my fiance are hoping to buy a property (a studio flat inHeddon On The Wall with share of freehold). Throughout our search, we were always looking at properties that had a minimum 84 years balance left. We came across a flat we liked and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our advised us the lease only has fivety seven years and thus needs a lease extension. Should we run away, or do we reduce our offer?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Heddon On The Wall. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good who specialises in lease extensions?

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