Bournville Lease Extensions: Q and A’s

  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Bournville, and my lease will reach seventy one 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 LVT court?
  • The terms for the lease on my apartment in Bournville are 99 years from 10 Dec 1988. Can you supply me me a quote for a lease extension if I give you more specifics please?
  • I am looking at purchasing an auction property and came upon a studio flat in Bournville. It only has a fifty year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Birmingham Midshires?
  • I am looking to buy a one bed flat in Bournville for asking price of 145k, which has 68 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I am the owner of a purpose-built apartment in a large development in Bournville. The leasehold interest in the flat on a 101 year lease started from 2nd November 1972 with a set ground rent of £10 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 68 years. I need a conveyancers at my end. Can you advise please? I live near Bournville and have a mortgage with Norwich and Peterborough Building Society.
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Bournville. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
  • I require an estimate to extend my mum’s lease on a garden flat in Bournville. She recently got a figure from the landlord for a lease extension but I am unclear whether it is reasonable.
  • We have a ground floor flat in Bournville with a lease of 77 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
  • I'm looking for some advice with regard to a lease extension on my maisonette in Bournville. I'll be looking to do this sometime next year as we need to move at some point 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Bournville

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