Middlesbrough Lease Extensions: Q and A’s

  • My OH and I have just bought a garden flat based inMiddlesbrough and I'm thinking about a lease extension as soon as possible e.g. in two years
  • I purchased a property in Middlesbrough and it has nearon 73 years balance left. I'd like to extend the lease period
  • I want to acquire 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 ?
  • I have a leasehold apartment in Middlesbrough. I have built a huge extension and have not informed the freeholder. What are my options?
  • I would like to know how much it would financials and the optimum way to get a lease extension started? I have approximately 56 years unexpired lease and I own a three bedroom first floor purpose built flat in Middlesbrough.
  • I intend to buy a one bed flat in Middlesbrough for asking price of 125k, which has 69 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 question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am the freeholder of a Georgian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 59 years. What are my next steps?
  • My and my fiance know that others in the same block had already had a lease extension, and the freeholder was amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?
  • We currently own a three bed flat in Middlesbrough and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 73 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Middlesbrough