Recently asked questions relating to Ryton Lease Extensions

  • My name´s Nathan. I’m flat hunting in Ryton I'm seeing a studio flat online, with nearon seventy six years remaining, how much does it cost on average to get a lease extension by, say, 25 years?
  • Hi, I stumbled upon this site. I'm seeking prices on what it cost to extend a lease of a ground floor flat in Ryton. It's up for sale at the moment but has approximately fivety four years of unexpired leasehold
  • I want to buy a leasehold property and extend the lease. The owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I own a studio flat in Ryton. The start date for the lease was in 1992 for 99 years. Now I am wanting to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • Is it possible to talk with you about an apartment in Ryton, I am thinking of bidding at auction next week. The flat has a short lease and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am a FTB of a leasehold flat in Ryton. The lease has just sixety one years outstanding and ground rent is £50. Is it possible for the seller to serve the Section 42 Notice and then assign over the right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year qualifying 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 consuming to the current owner? Unfortunately the freeholder can not be found, so I am not sure how does it work.
  • Me and my husband are considering purchasing a ground floor flat in Ryton which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Ryton
  • We currently own a studio flat in Ryton 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 seventy four years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I have a lease of 65 years remaining on my flat in Ryton. 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?
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    Lease Extensions in Ryton

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