Sacriston Lease Extensions

Questions and Answers: Sacriston Lease Extensions

I’m about to offer on a one bed apartment to buy in the Sacriston area and was enquiring how much would it cost to extend a lease? It has 75 years outstanding...

I am looking for a in Sacriston and they should be on the Yorkshire Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend a ?

Hi. I need someone to have a look at my lease extension before it's signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.

I plan on buying a flat based in Sacriston. The offer is subject to the lease extension. The owner’s has served the Notice of Claim. 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 Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?

How much will I need to spend and what is the best way to start the lease extension process? I have roughly 78 years outstanding on my lease on a studio flat in Sacriston. I have contacted the managing agents who represent the head landlord and they provided me with the number for the valuer. I left a phone message for the valuer but I am not receiving any kind of answer.

I am considering bidding for an auction property and found a studio flat in Sacriston. It has just fifty-one year lease..the current owner as mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this except for the huge fee to extend the lease and reduced chance of obtaining a mortgage with Lloyds TSB Bank?

I am the freeholder of a 1930’s property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy two years. What are my next steps?

I own the freehold reversion of a property in Sacriston where the leaseholder has requested a lease extension. Her so called valuation expert has given a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to incur?

We have a one bedroom second floor purpose built flat in Sacriston with a lease of sixety seven years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

I have a lease of sixety nine years remaining on my flat in Sacriston. 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?

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