Recently asked questions relating to Alrewas Lease Extensions

  • My name´s James. I’m house hunting in Alrewas I'm seeing a garden flat online, with slightly more seventy three years remaining, how much does it cost on average to get a lease extension by, say, 35 years?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Alrewas, and my lease will reach 73 years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I plan on buying a flat in Alrewas. The offer is subject to the lease extension. The seller’s conveyancers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Alliance & Leicester . Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Alrewas and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Accord Mortgages Ltd to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease began in 1979 and since then the ground rent has increased from £38.00 per annum to £125 per annum.
  • I'm looking for an apartment to buy in Alrewas and I'm not really familiar with the leasehold arrangement. I've identified a one bedroom apartment I like with a 87 years lease. I've read that I can get a lease extension after 2 years, but:- Is this a given?
  • My husband and I had entered into a purchase of a garden flat in Alrewas. I was advised by the EA that the lease extension had already been completed while on a viewing (68 years left prior to extension). The description on the listing said "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The seller supposedly has a quote but no money to extend and consequently the current owner intends to exchange and use the my deposit to extend the lease. My question is is it not odd that my conveyancing practitioners didn't spot this far earlier than just before exchange?
  • I am the freeholder of a Georgian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy eight years. What are my next steps?
  • We would like to know the cost of a lease extension valuation for a property based in Alrewas. Would you be able to help?
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Alrewas. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm intent on purchasing a flat in Alrewas at a price of £256,000 the flat has something like fivety six years left on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd have completed by Christmas. They have just informed the agent they are willing to knock £3k 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 Alrewas

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