Lease Extensions in Morpeth

Sample questions relating to Morpeth Lease Extensions

My fiance agreed with the freeholder to a lease extension on our flat in Morpeth, 6.5k for a further 90yrs. How long is the process ?

I invested in buying a flat in Morpeth with a leasehold unexpired nearon 69 years and need to extend it. Please can you advise me of the next steps

We have seen a house for sale for £195k and we are very keen on but we've just discovered that it is leasehold. There are 928 years balance 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 twenty years without owning the property. Any feedback would be much appreciated.

I am looking for a in Morpeth and they should be on the Leeds Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?

Is it possible to talk with you about an apartment in Morpeth, I am thinking of buying at auction next week. The flat has a short lease and I wanted to inquire about what it would cost to get a lease extension and for your services.

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?

My dad has a share of freehold, with two other leaseholders in a building in Morpeth. House split into three flats. He has a lease, which has roughly seventy three years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?

We are purchasing a three bed flat in Morpeth which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced extending the lease. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to hold on until the new lease is registered?

Do you handle lease extensions on land? (a plot of land in Morpeth with 82yrs remaining)

We have a garden flat in Morpeth with a lease of seventy one years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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