Shiremoor Lease Extensions

Shiremoor Lease Extensions Example Support Desk Enquiries

I am the registered owner of a flat in Shiremoor with a leasehold unexpired approximately sixety five years and need a lease extension. Please can you clarify the next stages

I just completed on a property in Shiremoor and it has nearon fivety five years remaining. I'd like to extend the lease period

I have a lease of 72 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

The terms for the lease on my flat in Shiremoor are 101 years from 14 Sep 1988. Please provide me a quote to extend the lease if I give you more details please?

My mortgage lender is requesting a £600 fee for their for a "deed of substituted security" for the lease extension for my flat in Shiremoor... I can find no mention of this in my mortgage booklet... is this a standard charge?

My flat in Shiremoor is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. What does it cost on average to extend in this location by, say,25 years

Me and my sister are considering buying a one bedroom apartment in Shiremoor which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?

Me and my partner are are hoping to complete on a three bedroom first floor purpose built flat in Shiremoor which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we have to hold on until the new lease is registered?

I am the freeholder of a property in Shiremoor where the leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My surveyor has come back with £12,520. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?

I am currently negotiating a lease extension for my flat in Shiremoor 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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