Newburn Lease Extensions

Examples of recent questions relating to Lease Extensions in Newburn

I’m just looking for a a property to buy in the Newburn area and was interested in finding out what the likely fees would be for a lease extension? It has 56 years outstanding...

I would like to have my residential flat leasehold extension premium valued. The flat is in Newburn, and my lease will reach 65 years this April. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?

I acquired a garden flat in Newburn. The start date for the lease was in 1992 for 99 years. Now I am looking to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?

I plan on buying a flat located in Newburn. The offer is subject to the lease extension. The vendor’s has served 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 National Westminster Bank. Moreover, which are the following lease extension steps to complete the purchase?

I am looking to either purchase the freehold or a lease extension of my property in Newburn and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Barclays to release of equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease started in 1991 and since then the ground rent has increased from £38.00 per annum to £125 per year.

It says on your website the anticipated fee to extend a lease is £495. Is that the total cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in Newburn

I'm hoping for some advice with regard to extending the lease on my apartment. The plan is to do this in nine months time as we need 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. You are able to recommend a good with expertise in lease extensions. Preferably nearby in Newburn?

My and my fiance are worried about getting a lease extension from a difficult freeholder. Even though the legal procedures were followed under the 1993 Act, the landlord still attempted to get ground rent of £200 doubling every 25 years of the new lease. Can you assist?

Are you able to provide an estimate to extend my mother’s lease on a studio flat in Newburn. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too high.

I have a lease of sixety eight years remaining on my flat in Newburn. 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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