Examples of recent questions relating to Lease Extensions in Wylam

  • My partner has a flat located in Wylam which we are about to put on the market. The leasehold has approximately sixety six years remaining on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
  • I am looking to extend the lease on my garden flat in Wylam which will have seventy seven years outstanding in June. What fees are applicable?
  • I'm planning to make an offer on a house in Wylam but I'm concerned 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 Alliance & Leicester giving us the mortgage now?
  • We own a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Wylam and looking to do a vesting order. Is this something you can do for us?
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a maisonette in Wylam, where the lease is nearly sixety five years but she was told by the selling agents that the vendor had extended it to 99 years. Only now has she been advised the seller was waiting for her to appoint lawyers before commencing with the lease extension. Sounds underhand, also it could take a while to sort it all out. Am I reading too much into it?
  • My mortgage lender requires a £600 fee for their conveyancers to agree a lease extension for my flat in Wylam... I can find no reference of this in my mortgage contract... is this a usual charge?
  • My husband and I are purchasing a maisonette in Wylam which has share of freehold and a leasehold. The lease was on the short side so the seller commenced extending the lease. The owner has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our solicitors to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to be patient pending registration of the new lease?
  • I am the freeholder of a property in Wylam where the leaseholder has requested a lease extension. Her valuer has given a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My valuer has recommended a much higher figure. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • I'm seeking some help concerning extending the lease on my flat. I'll be looking to do this next summer as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • We currently own a maisonette in Wylam 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 fivety eight years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Wylam

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