Questions and Answers: Spennymoor Lease Extensions

  • We have just completed on a ground floor flat based inSpennymoor and I'm thinking about a lease extension as soon as I can e.g. in 24 months of ownership
  • I am interested in getting a lease extension for a flat in Spennymoor and want to use a local conveyancers. Is there a solicitors that you can recommend?
  • 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 inherited a 2 bed flat in Spennymoor. The lease commenced in 1998 for 99 years. Now I am looking for a lease extension. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • The intention is to sell our ground floor flat in Spennymoor but we may require a lease extension, or possibly cover the costs of our purchaser. Can you help me find a lawyers to help us?
  • I'm considering purchasing a two bedroom first floor purpose built maisonette (leasehold) but the landlord has been absent for approximately 15yrs. My query is would it be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?
  • My mortgage lender requires a £600 fee for their lawyers to approve the lease extension deed for my flat in Spennymoor... I am unable to find any mention of this in my mortgage contract... is this a usual fee to pay?
  • My conveyancing practitioners (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 the freehold of a three bedroom flat in Spennymoor. The leaseholders have sixety seven years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I require an estimate to extend my mother’s lease on a garden flat in Spennymoor. She recently got a price from the freeholder for a lease extension but I am not sure it is too expensive.
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    Lease Extensions in Spennymoor

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