Lease Extensions in Newburn

Sample questions relating to Newburn Lease Extensions

I want to buy a leasehold property and lease extension. The owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

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 899 years unexpired so a lease extension is not a worry. 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 twenty years without the house being ours. Any guidance would be much appreciated.

I am the owner of a maisonnette together with the freehold title. My upstairs neighbours have asked for a lease extension what do I need to do?

I plan on buying a flat located in Newburn. My offer is conditional upon a lease extension. The owner’s has served the Section 42 Notice. 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 Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?

I am looking into the costs of carrying out a lease extension for my garden flat in Newburn, and would like some figures on that.

I would like to know the likely expense and the optimum way to start the lease extension process? I have roughly 75 years remaining and I own a ground floor flat in Newburn.

I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a one bed flat in Newburn, where the lease is about seventy years but she was informed by the selling agents that the homeowner had extended it to 125 years. She has now been told the owner was holding off for her to instruct lawyers ahead of instigating the lease extension. Seems unscrupulous, also it could take a while to sort it all out. What do you think?

My wife and I have been in discussion with our freeholder after having a valuation on our garden flat in Newburn. We have a sixety four year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount 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 to handle this for us. Can you please provide me what your costs would be to act on our behalf.

I am concerned about seeking a lease extension from an objectionable freeholder. Even though the legal procedures were adhered to under the 1993 Act, the landlord still attempted to get ground rent of £250 doubling every 25 years of the new term. Can you help?

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

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