Brown Edge Lease Extensions

Brown Edge Lease Extensions: Q and A’s

I am thinking about a lease extension for our apartment based in Brown Edge and we are confused by the letter that we received from our freehold company. Can you please help us with this situation?

I’m just looking for a garden flat to buy in the Brown Edge area and was after more information on how much would it cost for a lease extension? It has 66 years remaining...

I have got a leasehold flat in the Brown Edge area and was curious if I could obtain a lease extension. What are your processes and fees. There are 76 years unexpired

I own a garden flat in Brown Edge. I am looking for a lease extension on the property. It is approximately eighty years. I would just like to know what your charges are and how long the process takes.

I am looking to either purchase the freehold or a lease extension of my property in Brown Edge and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Santander to release of equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease began in 1979 and since then the ground rent has increased from £15.00 per annum to £300 per year.

I'm looking for an apartment to buy in Brown Edge and I'm not really familiar with the leasehold concept. I've found a three bed flat I like with a 87 years lease. I've read that I can go for a lease extension having owned the property for 2 years, but:- Is this a given?

I am a first time buyer of a leasehold flat in Brown Edge. The lease has just 59 years residual lease term and ground rent is £95. Is it possible for the flat owner to serve the Initial Notice and then transfer this right to me as the buyer on the day of completion so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the seller? Unfortunately the freeholder can not be found, so I am not sure how this will play out.

I intend to buy a one bed flat in Brown Edge for asking price of 125k, which has 69 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?

We have a studio flat in Brown Edge with a lease of 54 years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

I'm looking for some advice with regard to a lease extension on my garden flat in Brown Edge. 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. Can you recommend a good who specialises in lease extensions?

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