Sunderland Lease Extensions

Common questions relating to Sunderland Lease Extensions

Hello, I just randomly found your site. I'm looking for prices on what it cost to extend a lease of a garden flat located in Sunderland. It's on sale at the moment but has just over sixety years outstanding on the lease

I bought a property in Sunderland and it has about 60 years unexpired. I'd like to extend the lease period

I want to buy a leasehold property and extend the lease. The flat owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I bought a maisonette in Sunderland. The start date for the lease was in 1991 for 99 years. Now I am looking for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?

Regarding a leasehold in Sunderland. upper maisonette. 60 yrs remaining. I have an agreed lease extension to £20k for 135yrs. Landlord also requested Initial Notice which I think should not be necessary. Can you assist.

My fiance and I are considering purchasing a ground floor flat in Sunderland which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?

My wife and I are proceeding with buying a one bedroom apartment in Sunderland. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy eight years outstanding prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The flat owner supposedly has a quote but no finances to extend as a result the seller intends to exchange and use the my deposit to extend the lease. My question is why has this only just been brought to my attention by my ?

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 70 years. I need a at my end. Can you advise please? I live near Sunderland and have a mortgage with Lloyds TSB Bank.

Me and my wife have been in discussion with our freeholder after having a valuation on our garden flat in Sunderland. We have a seventy five year lease and we wish to increase this to 99. The Freeholder has given us with a financial figure that she 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.

I am currently negotiating a lease extension for my flat in Sunderland as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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