Examples of recent questions relating to Lease Extensions in Murton

  • I’m seeking a lease extension for our apartment based in Murton and we are confused by the letter that we got from our landlord company. How long will it take?
  • I need to extend my existing lease can you assist? I think it has seventy six years outstanding
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 798 years outstanding so a lease extension is not a concern. 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 the house being ours. Any guidance would be much appreciated.
  • I have my suspicions that my daughter is being hoodwinked. She put in an offer on a maisonette in Murton, where the lease is around 63 years but she was told by the selling agents that the homeowner had extended it to 99 years. Only now has she been advised the seller was holding off for her to appoint solicitors prior to commencing with the lease extension. Seems odd to me, also it may take months to sort it all out. Am I being too sceptical?
  • I am a freeholder of a block of flats in Murton, and the lessees are in the process of being issued lease extensions. I should hopefully get funds next month. As I am not on self assessment do I write to the Inland Revenue ?
  • My husband and I have a ground floor flat in Murton with 65 years left. Ten months ago we were quoted a deal to grant a lease extension for another 25 years but also increase ground rent from notional to £250 per year..plus a premium I think of approximately 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • We have owned a leasehold flat for about twenty years. There are seventy nine years left on the lease. After a year of difficult negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate advice.
  • I'm living with my parents but have a garden flat in Murton let out which has a seventy eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Murton for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Should I keep or sell the flat?
  • I'm hoping for some help concerning a lease extension on my maisonette. I'll be looking to do this in nine months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • I have a lease of seventy nine years remaining on my flat in Murton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Murton

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