Questions and Answers: Arnold Lease Extensions

  • I agreed with the landlord for a lease extension on our flat in Arnold, 12.5k for a further 90yrs. How long will it take ?
  • I acquired a garden flat in Arnold that I am finding difficult to sell due to the lease requiring a lease extension. What's your solicitors fee ?
  • I want to buy a leasehold property and extend the lease. The current owner has been there over two years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • The terms for the lease on my flat in Arnold are 95 years from 12 Jan 1980. Can you give me a quote to extend the lease if I give you more specifics please?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Arnold and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Barclays Direct to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease started in 1991 and since then the ground rent has increased from £15.00 per annum to £300 per annum.
  • I'm looking for a flat to purchase in Arnold and I'm not really familiar with the leasehold concept. I've identified a garden flat I like with a 87 years lease. I've read that I can get a lease extension after a couple of years, but:- Is this a given?
  • I have my suspicions that my niece is being hoodwinked. She submitted an offer on a one bedroom apartment in Arnold, where the lease is circa fivety four years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been advised the homeowner was holding off for her to instruct solicitors ahead of instigating the lease extension. Sounds odd to me, also it will take months to sort it all out. What do you think?
  • My mortgage provider is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Arnold... I can find no mention of this in my mortgage guide... is this a standard cost that they charge?
  • Me and my fiance are considering purchasing a one bedroom second floor purpose built maisonette in Arnold which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • 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 Arnold

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