Prudhoe Lease Extensions

Sample questions relating to Prudhoe Lease Extensions

I agreed with the freeholder for a lease extension on our flat based in Prudhoe, 12k for an additional 90yrs. How long is the process ?

I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Prudhoe - I wanted to see if with your services it is possible for this to be extended?

We own a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Prudhoe and are therefore considering the option of a vesting order. Is this something you can do for us?

Ref a leasehold in Prudhoe. upper maisonette. 57 yrs left. I have negotiated a lease extension price of £12,000 for 125yrs. Landlord also insisted on Notice of Claim which I think is a tad over the top. Advice required.

We wish to extend our lease having owned the place for 2 years as of 11th Feb 2016. It has nearon 55 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

I an interested in finding out more about leasehold property buying. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Prudhoe area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?

I am the freeholder of a Victorian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety six years. What are my next steps?

My brother and I have been in discussion with our freeholder after having a valuation on our studio flat in Prudhoe. We have a 69 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he 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 currently negotiating a lease extension for my flat in Prudhoe 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?

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