Ponteland Lease Extensions Example Support Desk Enquiries

  • Hello, I am looking somewhere around or in Ponteland 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want to extend their leases and I'm wondering about the procedure for this
  • I am going to purchase a flat based in Ponteland. The offer is subject to the lease extension. The vendor’s conveyancers has given to the freeholder 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 Santander. Moreover, which are the following lease extension steps to complete the purchase?
  • Possibly made a mistake, I am seeking a conveyancers in Ponteland who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • I am looking into the costs of carrying out a lease extension for my maisonette in Ponteland, and would like some figures on that.
  • I am a FTB of a leasehold flat in Ponteland. The lease has just sixety six years remaining and ground rent is £50. Is it possible for the owner to serve the Notice of Claim and then transfer this right to me as the buyer once I complete the buying process so that I don't have to wait for the two 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 is achievable but will it be very time costly to the seller? To add to the complexity it’s the case of an missing freeholder, so I am not sure how does it work.
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 68 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Ponteland and have a mortgage with The Mortgage Works.
  • Coming up to two years that I have owned my ground floor flat in Ponteland. I have 63 yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Ponteland based property lawyers or any will do fine?
  • Me and my fiance are in the throws of buying a property (a studio flat based inPonteland with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years remaining. We identified a place we liked and the estate agent assured that the lease term was not an issue. Today our lawyers advised us the lease only has 71 years and thus requires a lease extension. Should we run away, or should we reduce our offer?
  • I am currently negotiating a lease extension for my flat in Ponteland 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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    Lease Extensions in Ponteland

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