Seaton Delaval Lease Extensions Example Support Desk Enquiries

  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without owning the property. Any help would be much appreciated.
  • I own a maisonnette together with the freehold title. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • We hope to sell our three bed flat in Seaton Delaval but we may require a lease extension, or at least cover the expense of our purchaser. Are you able to help me find a to handle this?
  • Possibly made an error, I am seeking a in Seaton Delaval who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can help me with?
  • The terms for the lease on my apartment in Seaton Delaval are 101 years from 12 Sep 1980. Can you give me a quote for a lease extension if I give you more information please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Seaton Delaval, and would like some figures on that.
  • Me and my husband had entered into a purchase of a studio flat in Seaton Delaval. I was advised by the EA that the lease extension had already been completed while on a viewing (70 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no finances to extend as a result the flat owner wants to exchange and use the 10% deposit for the lease extension. My question is why has this only just been brought to my attention by my ?
  • I intend to buy a one bed flat in Seaton Delaval for asking price of 145k, which has seventy years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own the freehold of a three bedroom flat in Seaton Delaval. The leaseholders have fivety four years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I am currently negotiating a lease extension for my flat in Seaton Delaval 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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