Lease Extensions in Aldridge

Common questions relating to Aldridge Lease Extensions

I’m about to offer on a three bedroom first floor purpose built flat to purchase in the Aldridge area and was wondering what the likely fees would be to extend a lease? It has seventy one years residual lease term...

I have a lease of 72 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I am about to put an offer in on a one bedroom apartment in Aldridge with a lease of 68 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I am the owner of a maisonnette and the freehold reversion. The owners of the downstairs flat have asked to extend the lease what do I need to do?

I am the registered owner of a three bedroom first floor purpose built maisonette in Aldridge. The start date for the lease was in 1991 for 99 years. Now I am looking for a lease extension. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?

My co-lessees and I are in a block made up three flats in Aldridge and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

We have a leasehold flat in Aldridge with seventy two years unexpired. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 9k. Finally we have decided to go ahead but do we now have to renegotiate?

I an interested in finding out more about leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Aldridge area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?

Coming up to two years that I have owned my maisonette in Aldridge. I have seventy two yrs unexpired lease on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?

We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Aldridge

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