Recently asked questions relating to Spennymoor Lease Extensions

  • I’ve just acquired a three bed conversion flat based inSpennymoor and I'm deliberating a lease extension as soon as possible e.g. after two years
  • I’m just looking for a ground floor flat to buy in the Spennymoor area and was curious what the likely fees would be to extend a lease? It has 76 years outstanding...
  • I have got a leasehold flat in the Spennymoor area and was wondering whether I could obtain a lease extension. What are your processes and fees. Has 55 years outstanding
  • I want to acquire a leasehold property and extend the lease. The vendor has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking into the costs of carrying out a lease extension for my one bedroom second floor purpose built maisonette in Spennymoor, and would like some figures on that.
  • Me and my wife have owned a leasehold flat for around fifteen years. There are 62 years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome advice.
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Spennymoor. I occupy in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat is leasehold. There is 79 years outstanding. If I want to do a lease extension then would I just be paying for the costs?
  • We currently own a studio flat in Spennymoor 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 60 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I have 63 years remaining on my lease of a ground floor flat in Spennymoor, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I have a lease of 78 years remaining on my flat in Spennymoor. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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