South Shields Lease Extensions

Recently asked questions relating to South Shields Lease Extensions

I bought a garden flat in South Shields that I am finding difficult to sell due to the lease requiring a lease extension. How long will it take ?

I’m just looking for a ground floor flat to buy in the South Shields area and was wondering how much would it cost for a lease extension? It has 66 years residual lease term...

I own a leasehold flat in the South Shields area and was curious if I could obtain a lease extension. What are your processes and charges. Has seventy seven years remaining

I am considering investing in a second home but it has a lease that expires in 14 years. Its in South Shields - I wanted to see if with your services it is possible for this to be extended?

We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in South Shields and are therefore thinking about the option of a vesting order. Is this something you can do for us?

I am thinking about whether to purchase the freehold or a lease extension of my property in South Shields and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Accord Mortgages Ltd to release of equity. The broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease started in 1981 and since then the ground rent has increased from £25.00 per year to £125 per annum.

We would like to extend our lease. We will have been in the apartment for 2 years as of 6th April 2016. It has around 59 years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.

I am the freeholder of a Georgian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety five years. What are my next steps?

Me and my fiance have been in discussion with our freeholder after having a valuation on our ground floor flat in South Shields. We have a seventy eight year lease and we wish to increase this to 99. The Freeholder has provided us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.

We are buying a ground floor flat in South Shields which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. An essential part 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 property title number has not been issued. Is it right that we must hold on until the new lease is registered?

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