Lease Extensions in Killingworth

Frequently asked questions relating to Killingworth Lease Extensions

I own a maisonette in Killingworth that I now cannot sell due to the lease requiring a lease extension. How long will it take ?

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 798 years outstanding 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 true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any suggestions would be much appreciated.

I am looking for a in Killingworth and they should be on the Barclays approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a ?

I'm planning on purchasing a studio flat (leasehold) but the freeholder has been missing for approximately 15yrs. My query is would it be cheaper to try to acquire the reversionary title or to extend lease and apply for right to manage?

Is it possible to talk with you about an apartment in Killingworth, I am thinking of bidding at auction in the next few days. The flat only has a few years unexpired lease and I am curious about what it would cost to get a lease extension and for your services.

I am a landlord of a block of flats in Killingworth, and the lessees are in the process of being given lease extensions. I should hopefully get funds next week. As I am not on self assessment do I write to HMRC ?

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?

Just been over two years that I have been in my studio flat in Killingworth. I have 72 years outstanding on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Killingworth. I occupy in the upper flat. I was looking at the land registry documents today when I noticed that my flat is leasehold. There is 75 years unexpired. Is it possible to carry out a lease extension without using a ?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Killingworth

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