Morpeth Lease Extensions: Q and A’s

  • My partner and I are seeking a lease extension for our garden flat in Morpeth and we are confused by the letter that we got from our freehold company. What's your solicitors fee?
  • We agreed with the landlord for a lease extension on our flat based in Morpeth, 17.5k for an additional 90yrs. Are you able to guide us with this situation ?
  • I have got a leasehold flat in the Morpeth area and was wondering if I could obtain a lease extension. What are your processes and charges. Has 54 years outstanding
  • I am looking at investing in a second home but it has a lease that expires in fifteen years. Its in Morpeth - I wanted to see if with your services this could be extended?
  • I am looking to purchase a garden flat in Morpeth with a lease of 59 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking at acquiring an auction property and found a studio flat in Morpeth. It only has a 49 year lease..the vendor as mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and reduced chance of obtaining a mortgage with Chelsea Building Society?
  • My husband and I have a residential flat in Morpeth with sixety seven years unexpired. Last year we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from nominal to £300 per annum..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to start the negotiations again?
  • My husband has a share of freehold, with two other leaseholders in a building in Morpeth. House split into three apartments. He has a lease, which has circa 56 yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Morpeth. I reside in the top flat. I was looking at the title deeds today when I noticed that my flat has a lease on it. There is 66 years left. If I want a lease extension then would I just be paying for the lawyers fees?
  • My mum knows that others in the same building previously had a lease extension, and the freeholder was amenable. It therefore appears worth taking risk of avoiding a formal valuation and base the initial offer on on the prices by others . This would save on double valuation fees. Would you recommend such a course of action?
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    Lease Extensions in Morpeth

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