Birmingham and the Black Country Lease Extension - Your Legal Fees Calculator
FAQs concerning Birmingham and the Black Country Lease Extensions
I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm wondering about the the process
I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 74 years left
I want to buy a leasehold property and extend the lease. The owner has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 54 years unexpired.
I am about to put an offer in on a three bedroom ground floor purpose built maisonette in Birmingham and the Black Country with a lease of fivety four years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
We are in a block of four flats in Birmingham and the Black Country 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?
I am looking to either purchase the freehold or a lease extension of my property in Birmingham and the Black Country and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Nottingham Building Society to release of equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease started in 1979 and since then the ground rent has increased from £25.00 per year to £100 per year.
I am a FTB of a leasehold flat in Birmingham and the Black Country. The lease has just sixety nine years unexpired and ground rent is £25. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the seller? Unfortunately the freeholder is absent, so I am not sure how does it work.
I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a one bedroom ground floor purpose built maisonette in Birmingham and the Black Country, where the lease is circa seventy four years but she was informed by the estate agents that the homeowner had extended it to 99 years. Only now has she been told the current owner was waiting for her to appoint lawyers ahead of instigating the lease extension. Sounds devious, also it will take months to sort it all out. Am I reading too much into it?
I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Birmingham and the Black Country. I would be grateful if you can give me a call when you get a chance to discuss the case.