Lease Extensions in St Bees

Frequently asked questions relating to St Bees Lease Extensions

So this is the scenario: I purchased a one bedroom apartment in St Bees that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?

I bought a ground floor flat located in St Bees with a leasehold unexpired of seventy seven years. I am wondering about what I will need to spend to extend my lease

I own a maisonnette together with the freehold of both flats. My upstairs neighbours have asked for a lease extension what do I need to do?

We are selling our ground floor flat in St Bees but we may need to extend the lease, or at least cover the expense of our buyers. Can you help me find a to help us?

I need to talk to you about an apartment in St Bees, I am considering buying at auction in the next few days. The flat only has a few years remaining and I am curious about what it would cost to get a lease extension and for your services.

I am a first time buyer of a leasehold flat in St Bees. The lease has just 62 years unexpired and ground rent is £95. Is it possible for the seller to serve the Section 42 Notice and then transfer over the right to me as the buyer on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the current owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how this will play out.

I am in need of a lease extension for my flat in St Bees and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

We have owned a leasehold flat for around fifteen years. It now has seventy years remaining on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate advice.

I do not need a lease extension but I do need a vesting order on a property I want to acquire in St Bees. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.

I am currently negotiating a lease extension for my flat in St Bees as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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