Sample questions relating to Kirkwhelpington Lease Extensions

  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years left so a lease extension is not an issue. 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 25 years without owning the property. Any feedback would be much appreciated.
  • I acquired a maisonette in Kirkwhelpington. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • I'm planning on purchasing a one bed flat (leasehold) but the landlord has been absent for about 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to get a lease extension and apply for right to manage?
  • Possibly made an error, I am searching for a lawyers in Kirkwhelpington who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • I will soon view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 67 years unexpired on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I own a share of the freehold. There are five flats in the house. All the leaseholders are now looking for lease extensions. What's your legal fee?
  • Offer accepted on a a maisonette in Kirkwhelpington, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer come through which states the lease as 82 years.We are soon to exchange contracts within a week. My query is Should I tell the current owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I am looking to extend the lease on my one bedroom apartment in Kirkwhelpington I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I'm looking at acquiring a flat in Kirkwhelpington valued at £256,000 the flat has just under seventy two years left on the lease. My offer was conditional upon a lease extension... .. that was back in November, hoping I'd have moved in before Christmas. They have just informed the agent they are willing to knock £4k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
  • I own the freehold reversion of a property in Kirkwhelpington where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has increased this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
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    Lease Extensions in Kirkwhelpington

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