Staindrop Lease Extensions: Q and A’s

  • I bought a flat in Staindrop with a leasehold unexpired nearly 57 years and need a lease extension. Please can you advise me of the next stages
  • I have been in touch with my freeholder to extend my lease for my flat in Staindrop. Her lawyers has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started August 1987.
  • I plan on buying a flat located in Staindrop. My offer is subject to the lease extension. The seller’s lawyers has served the Notice of Claim. 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 Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
  • We are in a block of four flats in Staindrop and have been offered to buy the freehold for 7k 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?
  • We bought a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Staindrop and looking to do a vesting order. Is this something you can do for us?
  • Ref a property in Staindrop. lower maisonette. 66 yrs remaining. I have negotiated a lease extension price of £20k for 125yrs. Freeholder also insisted on Section 42 Notice which I think should not be required. Can you assist.
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • I intend to buy a one bed flat in Staindrop for asking price of 125k, which has fivety seven years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Staindrop. I live in the top flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is sixety two years residual lease term. If I want to do a lease extension then would I simply be paying for the conveyancers fees?
  • We currently own a garden flat in Staindrop 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 62 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the landlord first and will they be able to give me a cost?
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    Lease Extensions in Staindrop

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