Brierley Hill Lease Extension - Your Legal Fees Calculator
Questions and Answers: Brierley Hill Lease Extensions
I think our property lawyers has advised us incorrectly concerning a lease extension and I want to know how to go about making a formal complaint
My wife has a flat located in Brierley Hill which we have just put on the market. The leasehold has circa sixety eight years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we commence arranging a lease extension? Many thanks.
I am the registered owner of a property in Brierley Hill and it has slightly less than sixety eight years balance left. I'd like to extend the lease period
We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years outstanding 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
I am looking for a conveyancers in Brierley Hill and they should be on the Britannia approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend any please ?
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I am looking at acquiring an auction property and found a one bed flat in Brierley Hill. It only has a fifty year lease..the seller being mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of getting a mortgage with Halifax?
My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
Coming up to 2 years that I have been in my maisonette in Brierley Hill. I have fivety five years remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
My husband and I are in the throws of buying a flat (a ground floor flat based inBrierley Hill with share of freehold). Throughout our search, we were always looking at apartments that had at least 84 years unexpired. We identified a place we liked and the estate agent assured that the lease was long albeit not specifying a number. Today our property lawyers advised us the lease only has fivety five years and therefore requires a lease extension. Should we run away, or should we reduce our offer?