Penshaw Lease Extensions

Penshaw Lease Extensions Example Support Desk Enquiries

35k agreed with the freeholder, just trying to find a Penshaw for a lease extension. Our lease has around 77 yrsoutstanding. Can you please help us with this situation ?

I’m just looking for a a property to purchase in the Penshaw area and was wondering what the likely fees would be to extend a lease? It has sixety nine years residual lease term...

I inherited a property in Penshaw and it has nearly 60 years unexpired. I'd like to arrange a lease extension by twenty years

I am considering investing in a second home but it has a lease that expires in fifteen years. Its in Penshaw - I wanted to see if with your services it is possible for this to be extended?

I would like to have my residential flat leasehold extension premium valued. The flat is in Penshaw, and my lease will reach 78 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 Tribunal court?

I invested in buying a garden flat in Penshaw. The lease commenced in 2001 for 99 years. Now I am wanting to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?

Just been over two years that I have been in my one bedroom ground floor purpose built flat in Penshaw. I have 54 yrs unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Penshaw based or any will do fine?

I'm intent on buying an apartment in Penshaw at a price of £210,000 the flat has something like sixety three years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in August, hoping I'd be in before now. They have just informed the agent they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer

We currently own a maisonette in Penshaw and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 54 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Do you have some advice on this? Do I contact the freeholder first and will they be able to give me a cost?

I am currently negotiating a lease extension for my flat in Penshaw as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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