Whickham Lease Extensions

Whickham Lease Extensions: Q and A’s

Hello, I am looking somewhere around or in Whickham 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?

I want to acquire a leasehold property and lease extension. The homeowner has been there for four 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 ?

Hi. I need someone to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.

I am going to purchase a flat in Whickham. The offer is subject to the lease extension. The seller’s has given to the freeholder 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 The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?

I purchased a garden flat in Whickham. I am looking to extend lease on the property. It is around eighty years. I would just like to know what your charges are and how long it would take for completion.

I am looking at acquiring an auction property and came upon a studio flat in Whickham. It only has a fifty-one year lease..the seller as mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Aldermore?

I would like some help on leasehold property buying. We intend 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 Whickham area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?

I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 62 years. What are my next steps?

Just been over two years that I have owned my 2 bed flat in Whickham. I have fivety nine yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bedroom first floor purpose built flat in Whickham

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