Top Ten Questions relating to Brierley Hill Lease Extensions

  • I need to extend my current lease can you help me with that? I think it has sixety one years outstanding
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any advice would be much appreciated.
  • I am looking for a in Brierley Hill and they should be on the Leeds Building Society approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend a ?
  • My co-lessees and I are in a building consisting of five flats in Brierley Hill and have been offered to buy the freehold for £3,500 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 about to view a two bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 67 years outstanding on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • We have a first floor flat in Brierley Hill with sixety nine years to run. Ten months ago we were quoted a deal to have a lease extension for another thirty years but also uplift the ground rent from notional to £200 per annum..plus a premium I think of approximately 14k. Finally we have decided to move forward but do we now have to start the negotiations again?
  • I am in need of some help with a lease extension. I live in Dublin but the flat in question is based in Brierley Hill. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living with my mother and father but have a one bed flat in Brierley Hill let out which has a sixety five year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Brierley Hill for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • I own the freehold of a three bedroom flat in Brierley Hill. The leaseholders have 61 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
  • I know that others in the same building previously had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation charges. Is this advisable?

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