Lease Extensions in Longbenton

Sample questions relating to Longbenton Lease Extensions

I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leasehold owners want a lease extension and I'm wondering about the procedure for this

I want to purchase a leasehold property and lease extension. The owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

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 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 true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any suggestions would be much appreciated.

I am the owner of a maisonnette together with the freehold of both flats. My upstairs neighbours have asked for a lease extension what do I need to do?

I am about to view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 61 years remaining on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?

We wish to extend our lease. We will have been in the apartment for two years as of 6th April 2015. It has roughly sixety years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.

I am in need of a lease extension for my flat in Longbenton and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Longbenton. I would be grateful if you can give me a call when you get a chance to discuss the case.

Just been over two years that I have been in my one bedroom first floor purpose built maisonette in Longbenton. I have sixety eight yrs outstanding on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. 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: In terms of surveyors - how do I go about finding one?

Me and my husband are in the throws of buying a property (a studio flat inLongbenton with share of freehold). During our search, we were always looking at flats that had at least ninety years outstanding. We came across a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. This morning our advised us the lease only has fivety five years and therefore needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

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