Frequently asked questions relating to Alcester Lease Extensions

  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Alcester, and my lease will reach sixety five years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I'm looking for a flat to buy in Alcester and I'm not really familiar with the leasehold title. I've found a maisonette I like with a 82 years lease. I've read that I can go for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I initiate the process, is this correct?
  • I own a purpose-built flat in a small block in Alcester. The leasehold interest in the apartment on a 101 year lease started from 1 November 1970 with a non-reviewable yearly rent of 45. I would like to obtain a lease extension. Can I call someone to discuss my options please?
  • We have owned a leasehold flat for around twenty years. There are sixety two years unexpired lease on the lease. After a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • I am hoping to extend the lease on my one bedroom apartment in Alcester I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • Coming up to 2 years that I have been in my 2 bed flat in Alcester. I have seventy four yrs remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my three bedroom second floor purpose built maisonette in Alcester
  • We currently own a two bedroom first floor purpose built flat in Alcester 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 seventy nine years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?
  • We have a one bedroom apartment in Alcester with a lease of seventy three years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Alcester