FAQs concerning Balsall Common Lease Extensions

  • I want to acquire a leasehold property and lease extension. The flat owner has been there over 2 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 ?
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a studio flat in Balsall Common, where the lease is around 75 years but she was advised by the estate agents that the vendor had extended it to 125 years. She has now been told the flat owner was waiting for her to appoint conveyancers before commencing with the lease extension. Seems underhand, also it may take time to sort it all out. Am I reading too much into it?
  • I own a purpose-built apartment based in a large block in Balsall Common. The leasehold interest in the flat on a 101 year lease which commenced on 1 August 1970 with a fixed yearly rent of 20. I wish to obtain a lease extension. Can I call someone to discuss my options please?
  • I an interested in finding out more about purchasing a leasehold residence. We are going 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 Balsall Common area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • We have been in discussion with our freeholder after having a valuation on our garden flat in Balsall Common. We have a 72 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my one bedroom apartment in Balsall Common
  • I'm looking for some assistance with regard to a lease extension on my apartment. The plan is to do this sometime next year as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • My wife and I are worried about obtaining a lease extension from a difficult landlord. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the landlord still tried to get ground rent of £250 doubling every 25 years of the new term. Can you help?
  • I am planning on remortgaging my ground floor flat in Balsall Common and the next lender that I am looking to move to needs a minimum 85 years remaining on the lease in order for them to progress matters. I have discovered that I currently have around 57 years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension
  • I have 75 years remaining on my lease of a ground floor flat in Balsall Common, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable

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