Tynemouth Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Tynemouth
I am the registered owner of a flat in Tynemouth with a leasehold unexpired nearly fivety six years and need to extend it. Please can you clarify the next steps
I own a maisonnette together with the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
We are the registered owners of a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Tynemouth and are therefore considering the option of a vesting order. Is this something you can help us with?
I need to talk to you about a flat in Tynemouth, I am thinking of bidding at auction in the next few days. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
I am looking to either purchase the freehold or a lease extension of my property in Tynemouth and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Santander to free up equity. My adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease began in 1981 and since then the ground rent has been raised from £25.00 per year to £100 per annum.
I an interested in finding out more about purchasing a leasehold residence. We plan to buy a semi 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?
My OH and I have owned a leasehold flat for around eighteen years. It now has sixety two years left on the lease. After a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to LVT and would appreciate some independent thoughts.
If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
I own the freehold of a 2 bedroom flat in Tynemouth. The leaseholders have sixety one years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
Me and my OH are in the throws of buying a home (a studio flat inTynemouth with share of freehold). During our search, we were always looking at properties that had at least eighty five years left on the lease. We identified a place we liked and the estate agent promised us that the lease was long albeit not specifying a number. Today our conveyancing practitioners told us the lease only has sixety five years and therefore requires a lease extension. Should we walk away, or should we negotiate our offer?