Sample questions relating to Sunderland Lease Extensions

  • My partner has a flat in Sunderland which we are about to put on the market. The leasehold has approximately fivety seven years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Sunderland - I wanted to see if with your services it is possible for this to be extended?
  • I'm planning to make an offer on a house in Sunderland but I'm concerned 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 Scotland giving us the mortgage now?
  • I am looking to purchase a one bedroom ground floor purpose built maisonette in Sunderland with a lease of seventy years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I plan on buying a flat in Sunderland. My offer is conditional upon a lease extension. The current owner’s conveyancers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm looking for an apartment to purchase in Sunderland and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 82 years lease. My research reveals that I can go for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • My father has a share of freehold, with two other leaseholders in a building in Sunderland. House divided into three apartments. He has a lease, which has nearly seventy eight yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Sunderland. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm looking at purchasing an apartment in Sunderland at a price of £195,000 the flat has just under 74 years unexpired on the lease. I put in an offer subject to the lease being renewed... .. that was back in June, expecting I'd have moved in by Christmas. They have just informed the agent they'll reduce the price by£8k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • I have a lease of 64 years remaining on my flat in Sunderland. 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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    Lease Extensions in Sunderland

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