South Shields Lease Extensions

Recently asked questions relating to South Shields Lease Extensions

My name´s Cameron. I’m house hunting in South Shields I'm considering offering on a maisonette online, with nearly fivety six years unexpired lease, how much will it likely cost to get a lease extension by, say, fifty years?

I invested in buying a flat in South Shields with a leasehold unexpired nearly fivety nine years and need to extend it. Please can you clarify the next stages

I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has 72 years outstanding

I'm wanting 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 Skipton Building Society giving us the mortgage now?

I'm looking for a flat to purchase in South Shields and I'm not really familiar with the leasehold concept. I've found a place I like with a 87 years lease. I've read that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?

Coming up to two years that I have owned my garden flat in South Shields. I have 64 yrs left on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a South Shields based or any will do fine?

I'm looking for some advice with regard to a lease extension on my maisonette. The plan is to do this sometime next year as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

I have fivety four years remaining on my lease of a ground floor flat in South Shields, the Landlord requires a £25k 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 65 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

I have a lease of 60 years remaining on my flat in South Shields. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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