Newburn Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Newburn
I purchased a flat in Newburn with a leasehold unexpired circa sixety six years and need to extend it. Please can you clarify the next steps
My partner has an apartment in Newburn which we have just put on the market. The leasehold has nearly 70 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
I plan on buying a flat in Newburn. My offer is conditional upon a lease extension. The flat owner’s conveyancing practitioners has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender TSB. Moreover, which are the following lease extension steps to complete the purchase?
My property lawyers (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 would like some help on leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Newburn area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
I am the freeholder of a Edwardian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety five years. What are my next steps?
Hello I am the freeholder interest in a 3 bedroom flat in Newburn. The leaseholder has a seventy six year lease and would like to purchase another 125 years. He is offering me £21,000 but I am unsure if this is a correct amount
I am the freeholder of a property in Newburn where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 at the drop of a hat. My valuer has suggested a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to face?
We are worried about obtaining a lease extension from an objectionable freeholder. Even though the correct procedures were followed under the 1993 Act, the freeholder still attempted to get ground rent of £200 increasing by 100% every 25 years of the new lease. Can you assist?
We have a maisonette in Newburn with a lease of seventy four years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?