Birmingham and the Black Country Lease Extension - Your Legal Fees Calculator
Sample questions relating to Birmingham and the Black Country Lease Extensions
I’ve just acquired a studio flat inBirmingham and the Black Country and I'm deliberating extending the lease as soon as possible e.g. in two years
I purchased a flat in Birmingham and the Black Country with a leasehold unexpired slightly more than sixety six years and need to extend it. Please can you advise me of the next stages
I think our conveyancing practitioners has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint
I am a freeholder of a block of flats in Birmingham and the Black Country, and the tenants are in the process of being given lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I get in touch with the Inland Revenue ?
We have a first floor flat in Birmingham and the Black Country with 78 years unexpired. Last year we were quoted a deal to receive a lease extension for another 25 years but also uplift the ground rent from nominal to £200 per year..plus a premium I think of about 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
Me and my partner are considering purchasing a garden flat in Birmingham and the Black Country which is a leasehold. I am enquiring as to the pros and cons of that - what happens 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 having a lease extension?
Me and my OH had entered into buying a one bedroom apartment in Birmingham and the Black Country. I was advised that the lease had been extended (fivety four years left prior to extension). The sales particulars said "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The vendor supposedly has a quote but no funds to extend and consequently the flat owner wants to exchange and use the 10% deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that Santander won't lend on a lease?
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
I am currently negotiating a lease extension for my flat in Birmingham and the Black Country as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
We have a studio flat in Birmingham and the Black Country with a lease of 65 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?