Top Ten Questions relating to Tedburn St Mary Lease Extensions

  • I am the registered owner of a property in Tedburn St Mary and it has just under fivety seven years balance left. I'd like to arrange a lease extension by twenty years
  • I am looking to extend the lease on my one bedroom apartment in Tedburn St Mary which will have sixety three years left in November. What fees apply?
  • 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 plan on buying a flat based in Tedburn St Mary. The offer is conditional upon a lease extension. The current owner’s lawyers 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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a block consisting of three flats in Tedburn St Mary and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • 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 circumstances. However after downloading a copy of the title I've learnt that it only has seventy four years residual lease term on the lease. It is also a repo so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?
  • My partner and I have a GFF located in Tedburn St Mary. There is 81 years left on the lease and we want a lease extension. How much will it likely cost to get a lease extension by, say,fifty years
  • Offer accepted on a a garden flat in Tedburn St Mary, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer come through which states the lease as eighty years.We are soon to exchange contracts in a couple of days. My query is why has this only just been brought to my attention by my conveyancing practitioners?
  • Are you able to provide an estimate to extend my mum’s lease on a studio flat in Tedburn St Mary. She already has a figure from the freeholder for a lease extension but I am far from certain if it is too expensive.
  • Do you handle lease extensions on land? (a plot of land in Tedburn St Mary with 82yrs remaining)
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    Lease Extensions in Tedburn St Mary

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