Sample questions relating to Burntwood Lease Extensions

  • I need to extend my existing lease can you assist? I think it has fivety seven years remaining
  • I acquired a ground floor flat in Burntwood. The lease commenced in 2001 for 99 years. Now I am wanting to extend the lease. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?
  • Think I may have made an error, I am seeking a in Burntwood who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • I am a FTB of a leasehold flat in Burntwood. The lease has just seventy one years outstanding and ground rent is £75. Is it possible for the vendor to serve the Initial Notice and then transfer this right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year requisite 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? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
  • Offer accepted on a a one bedroom apartment in Burntwood, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.Contracts were due to be exchanged within a week. My question is Should I tell the vendor that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • My son has a share of freehold, with two other leaseholders in a building in Burntwood. House split into three flats. He has a lease, which has about seventy five yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • Coming up to two years that I have owned my one bedroom apartment in Burntwood. I have 72 years left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 425k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I have a freehold of a one bedroom flat in Burntwood. The leaseholders have 55 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
  • My and my partner are worried about seeking a lease extension from tricky landlord. Even though the correct procedures were adhered to under the appropriate legislation, the landlord still attempted to get ground rent of £300 doubling every twenty years of the new lease. Can you help?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Burntwood
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Burntwood