Morpeth Lease Extensions: Q and A’s

  • Me and my fiance have just completed on a garden flat based inMorpeth and I'm thinking about a lease extension as soon as possible e.g. after 24 months of ownership
  • I’m about to offer on a one bedroom ground floor purpose built flat to buy in the Morpeth area and was after more information on how much would it cost for a lease extension? It has sixety four years outstanding...
  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want a lease extension and I'm wondering about the procedure for this
  • I'm planning to make an offer on a house in Morpeth but I'm a little worried 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 Godiva Mortgages Ltd giving us the mortgage now?
  • I'm deliberating over buying a garden flat (leasehold) but the freeholder has been absent for roughly 15yrs. My question is would it be cheaper to try to purchase the freehold or to get a lease extension and apply for right to manage?
  • I invested in buying a ground floor flat in Morpeth. I am looking for a lease extension on the property. It is nearly eighty years. I would just like to know what your charges are and how long it would take for completion.
  • I am concerned that my niece is being hoodwinked. She submitted an offer on a studio flat in Morpeth, where the lease is just under seventy five years but she was told by the estate agents that the homeowner had extended it to 99 years. She has now been told the owner was holding off for her to appoint conveyancers before commencing with the lease extension. Seems unscrupulous, also it may take time to sort it all out. Am I being too sceptical?
  • We have owned a leasehold flat for about fifteen years. It now has seventy six years remaining on the lease. After a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome advice.
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to purchase in Morpeth. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the garden area.
  • My husband and I have been in discussion with our freeholder after having a valuation on our one bed flat in Morpeth. We have a 61 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she 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 conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on our behalf.
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    Lease Extensions in Morpeth

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