Top Ten Questions relating to Spennymoor Lease Extensions

  • Hi, I am looking somewhere around or in Spennymoor 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I acquired a property in Spennymoor and it has about 74 years outstanding. I'd like to extend the lease period
  • I am the owner of a maisonnette and the freehold of both flats. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I'm planning on buying a studio flat (leasehold) but the freeholder has been missing for about 15yrs. My query is would it be less expensive to try to acquire the freehold or to get a lease extension and apply for right to manage?
  • Think I may have made a mistake, I am actually looking for a in Spennymoor who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • I am a FTB of a leasehold flat in Spennymoor. The lease has only sixety two years left and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately it’s the case of an absent freeholder, so I am not sure how this will play out.
  • I own a purpose-built apartment based in a small development in Spennymoor. The leasehold interest in the flat on a ninety five year lease which commenced from 11th March 1970 with a non-reviewable ground rent of £25 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
  • Me and my wife would like to know the cost of a lease extension valuation for a property based in Spennymoor. Is this something you can assist us with?
  • We are in the throws of buying a flat (a maisonette based inSpennymoor with share of freehold). During our search, we were always looking at flats that had a minimum 84 years left. We found a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. This morning our told us the lease only has 69 years and therefore requires a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • Do you handle lease extensions on land? (a plot of land in Spennymoor with 82yrs remaining)

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