FAQs concerning Brimsdown Lease Extensions

  • I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm enquiring about the procedure for this
  • I am looking at investing in a second home but it has a lease that expires in eighteen years. Its in Brimsdown - I wanted to see if with your services this could be extended?
  • We have seen a house for sale for £185,000 and we are very interested but we've just found out that it is leasehold. There are 928 years residual lease term 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 owning the property. Any help would be much appreciated.
  • I am looking for a in Brimsdown and they should be on the Virgin Money approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
  • Think I may have made a mistake, I am seeking a in Brimsdown who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • Just been over 2 years that I have owned my maisonette in Brimsdown. I have 71 years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Brimsdown based or any will do fine?
  • I'm hoping for some help with regard to a lease extension on my flat. I'll be looking to do this next June as we have to move 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. You are able to recommend a good with expertise in lease extensions. Ideally nearby in Brimsdown?
  • My aunt is concerned about seeking a lease extension from tricky landlord. Notwithstanding that the correct procedures were adhered to under the appropriate legislation, the freeholder still tried to get ground rent of £250 increasing by 100% every twenty years of the new lease. Can you help?
  • I am currently in the process of refinancing my ground floor flat in Brimsdown and the bank that I am looking to switch to requires at least 80 years on the leasehold of my property in order for them to progress matters. We currently have around sixety five years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process
  • I am currently negotiating a lease extension for my flat in Brimsdown 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?

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