Staindrop Lease Extensions: Q and A’s

  • We are seeking a lease extension for our flat located in Staindrop and we don't fully understand the letter that we got from our landlord company. How long will it take?
  • I own a one bedroom apartment in Staindrop that I now cannot sell as a result of the lease needing a lease extension. What's your solicitors fee ?
  • My name´s Arthur. I’m property hunting in Staindrop I'm deliberating offering on a ground floor flat online, with approximately 63 years remaining, how much will it likely cost to get a lease extension by, say, twenty years?
  • My wife has an apartment located in Staindrop which we are about to put on the market. The leasehold has around sixety three years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 798 years balance left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Staindrop. The house is freehold but the garden is officially leasehold, 995 year lease from 1889. Its the garden area.
  • I own the freehold of a one bedroom flat in Staindrop. The leaseholders have sixety years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I am planning on refinancing my garden flat in Staindrop and the next lender that I am looking to move to requires at least 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 54 years on the leasehold so require some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • 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 79 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • We have a garden flat in Staindrop with a lease of sixety seven years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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