Common questions relating to Barnard Castle Lease Extensions

  • I have got a leasehold flat in the Barnard Castle area and was enquiring whether I could get a lease extension. What are your processes and fees. Has fivety eight years left
  • I am the owner of a maisonnette together with the freehold title. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • I am in need of a lease extension for my flat in Barnard Castle and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking for advice as I am interested in a property that has only a 64 year lease and therefore requires a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • My solicitors (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy seven years. I need a lawyers at my end. Can you advise please? I live near Barnard Castle and have a mortgage with Nationwide Building Society.
  • I am the freeholder of a Edwardian 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 seventy two years. What are my next steps?
  • If somebody owns a flat with a lease of less than 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 am currently in the process of remortgaging my one bedroom apartment in Barnard Castle and the mortgage company that I am looking to switch to requires a minimum 85 years remaining on the lease in order for them to progress matters. We currently have around sixety three years on the leasehold so looking for some help, guidance, and some quotes to start the lease extension process
  • I have fivety nine years remaining on my lease of a ground floor flat in Barnard Castle, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Barnard Castle

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