Common questions relating to Barnard Castle Lease Extensions

  • I am looking for a lease extension on the lease on my garden flat in Barnard Castle which will have 71 years unexpired lease in August. What fees do you charge for this?
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has seventy nine years balance left
  • I am looking for a in Barnard Castle and they need to be on the Yorkshire Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Barnard Castle, and my lease will reach 67 years this January. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • Offer accepted on a a three bedroom first floor purpose built flat in Barnard Castle, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.We are soon to exchange contracts within a week. My question is Should I tell the vendor that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • My nephew has a share of freehold, with two other leaseholders in a building in Barnard Castle. House split into three flats. He has a lease, which has roughly sixety four yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • I'm looking at acquiring an apartment in Barnard Castle valued at £195,000 the flat has approaching fivety six years unexpired on the lease. I put in an offer subject to the lease being extended... .. that was back in June, hoping I'd be in before now. They have just informed me they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • Me and my sister are acquiring a one bedroom apartment in Barnard Castle which has share of freehold and a leasehold. The lease was on the short side so the owner commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the house buying process is for our 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 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 wait until the new lease is registered?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Barnard Castle

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