Stamfordham Lease Extensions: Q and A’s

  • I’m thinking about a lease extension for our garden flat located in Stamfordham and we are confused by the letter that we got from our freehold company. How long will it take?
  • I acquired a property in Stamfordham and it has around sixety five years remaining. I'd like to arrange a lease extension by twenty years
  • I am looking to extend the lease on my ground floor flat in Stamfordham which will have sixety five years remaining in September. What fees apply?
  • I am looking to either purchase the freehold or a lease extension of my property in Stamfordham and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Skipton Building Society to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease commenced in 1991 and since then the ground rent has been raised from £15.00 per year to £100 per annum.
  • I own a leasehold apartment in Stamfordham. I have built a huge extension and have not informed the freeholder. What should I do?
  • Are you able to advise on how much it would expense and the optimum way to get a lease extension started? I have approximately sixety seven years unexpired lease and I own a one bedroom apartment in Stamfordham.
  • My husband and I have a leasehold flat in Stamfordham with fivety nine years left. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from notional to a little more..plus a premium I think of about 16k. We have now decided to go ahead but do we now have to renegotiate?
  • My flat in Stamfordham is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want to extend the lease. What does it cost on average to get a lease extension by, say,fifty years
  • I'm living with my parents but have a studio flat in Stamfordham let out which has a seventy one year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Stamfordham for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • I'm intent on acquiring a flat in Stamfordham valued at £195,000 the flat has just under 68 years left on the lease. I put in an offer subject to the lease being extended... .. that was back in June, hoping I'd be in by Christmas. They have just come back saying they are willing to knock £4k off if they don't have to deal with the lease extension. I'm not sure whether that's a good idea
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    Lease Extensions in Stamfordham

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