Recently asked questions relating to Tedburn St Mary Lease Extensions

  • I have just purchased a maisonette based inTedburn St Mary and I'm deliberating a lease extension as soon as practicable e.g. in 24 months of ownership
  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want to extend their leases and I'm wondering about the procedure for this
  • I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Tedburn St Mary - I wanted to see if with your services this could be extended?
  • I am the owner of a maisonnette and the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • The terms for the lease on my flat in Tedburn St Mary are 101 years from 1 Sep 1988. Please give me a quote to extend the lease if I give you more specifics please?
  • I have a leasehold flat in Tedburn St Mary. I have built a large extension and have not informed the freeholder. What are my options?
  • I will soon view a one bedroom maisonette, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 55 years residual lease term on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • We have a first floor flat in Tedburn St Mary with fivety nine years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also uplift the ground rent from nominal to £300 per annum..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to start the negotiations again?
  • I own 50% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 68 years. I need a at my end. Can you advise please? I live near Tedburn St Mary and have a mortgage with Bank of Scotland.
  • I'm living at mother and father but have a studio flat in Tedburn St Mary let out which has a 54 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Tedburn St Mary for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Tedburn St Mary