Questions and Answers: Alcester Lease Extensions

  • So this is the scenario: I bought a one bedroom apartment in Alcester that I now cannot sell as a result of the lease requiring a lease extension. How long will it take ?
  • Hi, I am looking somewhere around or in Alcester 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I'm wanting to make an offer on a house in Alcester but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Platform Home Loans Ltd giving us the mortgage now?
  • I have a lease of seventy three years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I invested in buying a one bed flat located in Alcester with a leasehold unexpired of 72 years. I am wondering about what I will need to spend to extend my leasehold
  • I acquired a garden flat in Alcester. The start date for the lease was in 1997 for 99 years. Now I am wanting to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • The terms for the lease on my apartment in Alcester are 99 years from 10 Feb 1988. Please provide me a quote for a lease extension if I give you more specifics please?
  • My flat in Alcester is up for sale and I have a hopefully firm offer. There is 82 years left on the lease and I want to extend the lease. What does it cost on average to extend in this location by, say,45 years
  • I'm intent on acquiring an apartment in Alcester at a price of £256,000 the flat has approximately fivety four years remaining on the lease. My offer was subject to the lease being extended... .. that was back in June, hoping I'd have completed by Christmas. The owner has just come back saying that they are prepared to knock £3k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
  • I am currently negotiating a lease extension for my flat in Alcester as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Alcester

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