South Shields Lease Extension - Your Legal Fees Calculator
Frequently asked questions relating to South Shields Lease Extensions
I’m just looking for a three bedroom ground floor purpose built maisonette to buy in the South Shields area and was curious how much would it cost for a lease extension? It has fivety seven years left...
I am the registered owner of a flat in South Shields with a leasehold unexpired roughly 70 years and need a lease extension. Please can you clarify the next stages
I have an interest in the freehold of 2 blocks of flats comprising of six flats each. Two of the leaseholders want to extend their leases and I'm enquiring about the procedure for this
I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 68 years balance left
I'm planning to make an offer on a house in South Shields but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Ireland giving us the mortgage now?
I am looking to either 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 get a new mortgage with TSB to release of equity. The broker handling the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease started in 1972 and since then the ground rent has been raised from £38.00 per year to £200 per year.
I am thinking about acquiring an auction property and came upon a two bed flat in South Shields. It only has a fifty year lease..the seller being mortgagees in possession dont want to mess around with seeking a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and reduced chance of getting a mortgage with Nationwide Building Society?
Re a leasehold in South Shields. GFF maisonette. seventy one yrs left. I have negotiated a lease extension price of £20k for 115yrs. Landlord also insisted on Initial Notice which I think should not be required. Can you assist.
I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
I own the freehold reversion of a property in South Shields where the leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what costs would I be likely to face?