Frequently asked questions relating to Yarm On Tees Lease Extensions

  • I have just acquired a garden flat located inYarm On Tees and I'm deliberating extending the lease as soon as practicable e.g. in 24 months of ownership
  • Do you only undertake lease extensions in Yarm On Tees? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a .
  • I own a maisonnette together with the freehold. My upstairs neighbours have asked to extend the lease what do I need to do?
  • I plan on buying a flat based in Yarm On Tees. The offer is conditional upon a 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 Norwich and Peterborough Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We are selling our garden flat in Yarm On Tees but we may require a lease extension, or at least cover the costs of our purchaser. Are you able to suggest a to assist?
  • Re a property in Yarm On Tees. GFF maisonette. 60 yrs unexpired. I have an agreed lease extension to £12,000 for 115yrs. Landlord also requested Notice of Claim which I think should not be required. Can you assist.
  • We would like to extend our lease. We will have been in the property for two years as of 21st May 2016. It has around 62 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as is reasonably achievable.
  • Me and my OH have owned a leasehold flat for approximately eighteen years. There are sixety two years left on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.
  • My OH and I would like to know the cost of a lease extension valuation for a property based in Yarm On Tees. Is this something you can help us with?
  • Just been over two years that I have owned my three bedroom second floor purpose built flat in Yarm On Tees. I have fivety five yrs left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 342K, 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 goes to LVT)?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Yarm On Tees