Recently asked questions relating to Stanley Lease Extensions

  • Hello, I stumbled upon this site. I'm seeking prices on what a lease extension will cost for a three bedroom ground floor purpose built maisonette based in Stanley. It's up for sale at the moment but has around seventy six years left on the lease
  • I need to extend my existing lease can you help me with that? I think it has seventy nine years outstanding
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 928 years outstanding 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 owning the property. Any help would be much appreciated.
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Stanley, and my lease will reach seventy two years this December. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • I'm considering purchasing a ground floor flat (leasehold) but the landlord has been absent for circa 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to get a lease extension and apply for right to manage?
  • I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a garden flat in Stanley, where the lease is nearly fivety nine years but she was informed by the estate agents that the homeowner had extended it to 99 years. She has now been informed the homeowner was waiting for her to instruct solicitors before commencing with the lease extension. Seems devious, also it could take a while to sort it all out. Am I reading too much into it?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
  • I am the freeholder of a Edwardian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety years. What are my next steps?
  • We would like to know the cost of a lease extension valuation for a property based in Stanley. Is this something you can assist us with?
  • If a leaseholder owns a flat with a lease of less than 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 extending the lease?
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    Lease Extensions in Stanley

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