Durham Lease Extensions

Questions and Answers: Durham Lease Extensions

My wife has a flat based in Durham which we have just put on the market. The leasehold has around 62 years balance left 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 would like to have my residential flat leasehold extension premium valued. The flat is in Durham, and my lease will reach sixety eight years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?

I have been in touch with my freeholder to extend my lease for my flat in Durham. Her has been in contact concerning costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started August 1993.

I own a leasehold flat in Durham. I have built a large extension and have not informed my freeholder. What should I do?

My mortgage provider requires several hundred pounds for their to approve the lease extension deed for my flat in Durham... I am unable to find any mention of this in my mortgage booklet... is this a standard fee to pay?

I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Durham. I would be grateful if you can give me a call when you get a chance to discuss the case.

I'm living with my mother and father but have a ground floor flat in Durham let out which has a 68 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Durham for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?

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 extending the lease?

I'm seeking some assistance concerning a lease extension on my apartment. The intention is to do this next winter as we must 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 LVT route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

I require an estimate to extend my mum’s lease on a ground floor flat in Durham. She already has a figure from the landlord for a lease extension but I am far from certain if it is too expensive.

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