Recently asked questions relating to Whickham Lease Extensions

  • Me and my partner are looking for lease extension for our flat located in Whickham and we don't fully comprehend the communication that we got from our freehold company. What's your solicitors fee?
  • My wife has an apartment located in Whickham which we are about to put on the market. The leasehold has about 58 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I acquired a property in Whickham and it has about seventy five years balance left. I'd like to extend the lease period
  • I'm about to make an offer on a house in Whickham but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Virgin Money giving us the mortgage now?
  • I am looking to purchase a 2 bed flat in Whickham with a lease of 65 years but have no idea how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I need to talk to you about a leasehold property in Whickham, I am considering bidding at auction next week. The flat only has a few years outstanding and I am curious about what it would cost to get a lease extension and for your services.
  • We are considering purchasing a two bedroom second floor purpose built maisonette in Whickham which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Whickham
  • I'm intent on acquiring an apartment in Whickham valued at £195,000 the flat has just under 61 years unexpired on the lease. I put in an offer subject to the lease being renewed... .. that was back in June, expecting I'd be in before now. The owner has just informed the agent they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • We are acquiring a garden flat in Whickham which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our conveyancing practitioners to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we must wait until the lease extension has actually been registered before completing.?
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    Lease Extensions in Whickham

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