Recently asked questions relating to Tunstall Lease Extensions

  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 798 years residual lease term so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any feedback would be much appreciated.
  • My co-lessees and I are in a building of five flats in Tunstall and have been offered to buy the freehold for 5k 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?
  • Possibly made a mistake, I am seeking a lawyers in Tunstall who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • The terms for the lease on my flat in Tunstall are 101 years from 15 Feb 1989. Please provide me a quote for a lease extension if I give you more details please?
  • I am concerned that my niece is being hoodwinked. She submitted an offer on a garden flat in Tunstall, where the lease is about 63 years but she was told by the selling agents that the current owner had extended it to 125 years. Only now has she been informed the owner was waiting for her to appoint conveyancers prior to commencing with the lease extension. Sounds devious, also it will take a while to sort it all out. What do you think?
  • My son has a share of freehold, with two other leaseholders in a building in Tunstall. House divided into three apartments. He has a lease, which has approximately 66 yrs unexpired lease. 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?
  • Just a quick question, how much are the legal fees for a lease extension on a residential property in Tunstall for a two bed flat - section 42 is already in place?
  • We are in the throws of buying a home (a garden flat located inTunstall with share of freehold). Throughout our search, we were always looking at properties that had a minimum 83 years unexpired. We came across a flat we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. This morning our property lawyers told us the lease only has 68 years and therefore requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We currently own a garden flat in Tunstall and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy three years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Tunstall
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    Lease Extensions in Tunstall

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