Questions and Answers: Rothbury Lease Extensions

  • I inherited a flat in Rothbury with a leasehold unexpired nearon sixety one years and need to extend it. Please can you advise me of the next stages
  • I want to buy a leasehold property and extend the lease. The seller has been there over 2 years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have been in touch with my freeholder to extend my lease for my flat in Rothbury. His property lawyers has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started Septembmer 1985.
  • Think I may have made a mistake, I am seeking a lawyers in Rothbury who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • The terms for the lease on my flat in Rothbury are 101 years from 12 Sep 1988. Can you provide me a quote to extend the lease if I give you more specifics please?
  • We are looking to extend our lease. We will have been in the place for 2 years as of 22nd May 2015. It has slightly less than 72 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • My dad has a share of freehold, with two other leaseholders in a building in Rothbury. House converted into three flats. He has a lease, which has roughly 59 yrs left. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am planning to extend the lease on my maisonette in Rothbury I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a Victorian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety six years. What are my next steps?
  • Coming up to 2 years that I have owned my maisonette in Rothbury. I have sixety nine 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 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
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    Lease Extensions in Rothbury

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