St Bees Lease Extensions: Q and A’s

  • My husband agreed with the freeholder for a lease extension on our flat located in St Bees, 17k for an extension by 90yrs. Are you able to assist us with this situation ?
  • I bought a flat in St Bees with a leasehold unexpired roughly 55 years and need a lease extension. Please can you clarify the next stages
  • I am looking to extend the lease on my one bedroom first floor purpose built flat in St Bees which will have seventy one years unexpired lease in August. What fees apply?
  • I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has fivety seven years balance left
  • I bought a ground floor flat in St Bees with a leasehold unexpired of 68 years. I am enquiring about what it will cost me to extend my leasehold
  • I am a freeholder of a block of flats in St Bees, and the lessees are in the process of being given lease extensions. I anticipate receiving the money next month. Are there any tax implications, the property is in joint names with my husband ?
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in St Bees. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Coming up to 2 years that I have owned my garden flat in St Bees. I have 71 yrs left on the lease. I am now wanting to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • We are in the throws of buying a home (a 2 bed flat inSt Bees with share of freehold). During our search, we were always looking at flats that had at least 84 years balance left. We came across a place we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our conveyancers informed us the lease only has fivety five years and therefore needs a lease extension. Should we walk away, or do we negotiate our offer?
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    Lease Extensions in St Bees

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