Spennymoor Lease Extensions

Questions and Answers: Spennymoor Lease Extensions

I’m just looking for a garden flat to purchase in the Spennymoor area and was wondering what the likely fees would be for a lease extension? It has 64 years as a balance left...

I plan on buying a flat based in Spennymoor. My offer is conditional upon a lease extension. The flat owner’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?

My co-lessees and I are in a building comprising five flats in Spennymoor and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

My husband and I are considering purchasing a one bedroom apartment in Spennymoor which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?

I am seeking advice as I am interested in a property that has only a 61 year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?

I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 55 years. I need a at my end. Can you advise please? I live near Spennymoor and have a mortgage with The Royal Bank of Scotland.

I own the freehold to two flats. Someone has the lease on the garden flat in Spennymoor. I reside in the upper flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is 77 years left. If I want to do a lease extension then would I just be paying for the fees?

I'm seeking some advice concerning a lease extension on my flat. The intention is to do this sometime next year as we need to move 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. You are able to recommend a good with expertise in lease extensions. Ideally nearby in Spennymoor?

I was hoping you might be able to tell me the process of how to apply for a lease extension for my ground floor flat in Spennymoor

I have a lease of seventy 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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