South Shields Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to South Shields Lease Extensions
I am interested in getting a lease extension for a flat in South Shields and want to use a local solicitors. Are you able to help me find a solicitors?
I'm planning on purchasing a one bedroom apartment (leasehold) but the landlord has been missing for around 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for RTM?
I am a FTB of a leasehold flat in South Shields. The lease has only sixety seven years residual lease term and ground rent is £75. Is it possible for the flat owner to serve the Section 42 Notice and then transfer over the right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the seller? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
We have owned a leasehold flat for approximately fifteen years. It now has 54 years left on the lease. Following a year of difficult negotiations through my solicitors and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in South Shields. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the rear garden.
We have been in discussion with our freeholder after having a valuation on our garden flat in South Shields. We have a 56 year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure 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 lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
Me and my OH are in the throws of buying a home (a three bed flat inSouth Shields with share of freehold). During our search, we were always looking at apartments that had at least 83 years unexpired. We identified a place we fell in love with and the selling agent assured that the lease term was not an issue. Today our conveyancers informed us the lease only has 72 years and thus needs a lease extension. Should we run away, or should we reduce our offer?
I have fivety seven years remaining on my lease of a ground floor flat in South Shields, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
We have a studio flat in South Shields with a lease of seventy eight years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?