FAQs concerning Houghton Le Spring Lease Extensions

  • I am looking for a lease extension on the lease on my one bedroom first floor purpose built maisonette in Houghton Le Spring which will have seventy two years unexpired lease in January. What fees do you charge for this?
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 928 years unexpired so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without owning the property. Any guidance would be much appreciated.
  • I am looking for a solicitors in Houghton Le Spring and they should be on the Leeds Building Society approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • Hi. I need someone to have a look at my lease extension prior to it being completed just to make sure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Houghton Le Spring area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • I am the freeholder of a Victorian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety three years. What are my next steps?
  • I'm intent on buying a flat in Houghton Le Spring at a price of £256,000 the flat has approaching 64 years remaining on the lease. I put in an offer conditional upon the lease being extended... .. that was back in August, hoping I'd have completed by now. They have just informed me they'll knock £5k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • My wife and I are concerned about seeking a lease extension from tricky landlord. Regardless of the fact that the correct procedures were followed under the appropriate legislation, the landlord still attempted to charge ground rent of £300 doubling every 25 years of the new lease. Can you help?
  • We currently own a ground floor flat in Houghton Le Spring 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 62 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. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Houghton Le Spring. I'll be looking to do this sometime next year as we need to move at some point 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 extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Houghton Le Spring

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