FAQs concerning Riding Mill Lease Extensions

  • 35k agreed with the freeholder, just attempting to find a Riding Mill for a lease extension. Our lease has just over fivety eight yearsunexpired lease. What's your solicitors fee ?
  • We have just completed on a three bed flat located inRiding Mill and I'm deliberating a lease extension as soon as possible e.g. after two years
  • I’m just looking for a one bedroom second floor purpose built maisonette to purchase in the Riding Mill area and was enquiring how much would it cost to extend a lease? It has 75 years remaining...
  • I am the registered owner of a flat in Riding Mill with a leasehold unexpired about 55 years and need a lease extension. Please can you advise me of the next steps
  • I am considering investing in a second home but it has a lease that expires in eighteen years. Its in Riding Mill - I wanted to see if with your services it is possible for this to be extended?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years remaining so a lease extension is not a concern. 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 advice would be much appreciated.
  • I am looking to either purchase the freehold or a lease extension of my property in Riding Mill and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a get a new mortgage with TSB to free up equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease started in 1979 and since then the ground rent has increased from £38.00 per year to £125 per year.
  • I have a share of the freehold. There are three apartments in the house. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
  • Hi I own the freehold interest in a 3 bedroom flat in Riding Mill. The leaseholder has a fivety five year lease and would like to purchase another 125 years. She is offering me £21,000 but I am unsure if this is a correct amount
  • We are hoping to acquire a flat (a studio flat located inRiding Mill with share of freehold). Throughout our search, we were always looking at apartments that had a minimum eighty five years residual lease term. We found a place we fell in love with and the selling agent promised us that the lease term was not an issue. Today our advised us the lease only has 56 years and thus requires a lease extension. Should we run away, or should we reduce our offer?

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