North Shields Lease Extension - Your Legal Fees Calculator
Sample questions relating to North Shields Lease Extensions
My name´s Sam. I’m flat hunting in North Shields I'm seeing a garden flat online, with around 72 years unexpired lease, how much will it likely cost to extend in this area by, say, 45 years?
I have a lease of 68 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
I bought a garden flat in North Shields. I am looking for a lease extension on the property. It is approximately eighty one years. I would just like to know what your charges are and how long the process takes.
I am about to view a two bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 55 years unexpired on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
I am a FTB of a leasehold flat in North Shields. The lease has just fivety six years outstanding and ground rent is £75. Is it possible for the homeowner to serve the Initial Notice and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the seller? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
We are looking to extend our lease. We will have been in the place for two years as of 21st May 2015. It has about seventy six years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I'm living with my mother and father but have a one bedroom apartment in North Shields let out which has a sixety six 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 North Shields 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 13k. Not sure sure whether to hold on or sell the flat?
Coming up to 2 years that I have owned my ground floor flat in North Shields. I have 65 years remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
I have a lease of 74 years remaining on my flat in North Shields. 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?