Sample questions relating to Jarrow Lease Extensions

  • We agreed with the head landlord to a lease extension on our flat based in Jarrow, 9k for an additional 90yrs. How long will it take ?
  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the procedure for this
  • I'm planning to make an offer on a house in Jarrow 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 Barnsley Building Society giving us the mortgage now?
  • I am looking for a in Jarrow and they should be on the Leeds Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • I am looking to either purchase the freehold or a lease extension of my property in Jarrow and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Godiva Mortgages Ltd to release of equity. My adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1972 and since then the ground rent has been raised from £15.00 per year to £200 per year.
  • I am a first time buyer of a leasehold flat in Jarrow. The lease has only 71 years balance left and ground rent is £25. Is it possible for the flat owner to serve the Notice of Claim and then transfer over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the vendor? Unfortunately the landlord can not be found, so I am not sure how does it work.
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Jarrow area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I am looking to extend the lease on my one bedroom apartment in Jarrow I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • My OH and I have been in discussion with our freeholder after having a valuation on our studio flat in Jarrow. We have a 71 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We are concerned about obtaining a lease extension from tricky landlord. Notwithstanding that the legal procedures were followed under the appropriate legislation, the freeholder still attempted to charge ground rent of £250 doubling every twenty five years of the new term. Can you assist?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Jarrow