Tynemouth Lease Extensions

Common questions relating to Tynemouth Lease Extensions

So this is the scenario: I invested in buying a studio flat in Tynemouth that I now cannot sell due to the lease needing a lease extension. How long will it take ?

I bought a flat in Tynemouth with a leasehold unexpired nearly 71 years and need a lease extension. Please can you clarify the next stages

I plan on buying a flat based in Tynemouth. The offer is subject to the lease extension. The 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 Nationwide Building Society. Moreover, which are the following lease extension steps to complete the purchase?

We own a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Tynemouth and are therefore deliberating the option of a vesting order. Is this something you can do for us?

My husband and I are considering buying a one bed flat in Tynemouth which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?

I an interested in finding out more about purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Tynemouth area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?

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 63 years. I need a property lawyers at my end. Can you advise please? I live near Tynemouth and have a mortgage with Barclays Direct.

I am the freeholder of a 1930’s property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety six years. What are my next steps?

Hopefully an easy question for you, how much does it cost for a lease extension on a residential property in Tynemouth for a three bed flat - section 42 is already served?

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 Tynemouth

Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Tynemouth