Frequently asked questions relating to Burslem Lease Extensions

  • I’m seeking a lease extension for our garden flat in Burslem and we are confused by the communication that we received from our freehold company. How long will it take?
  • I'm planning to make an offer on a house in Burslem but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Coventry Building Society giving us the mortgage now?
  • Think I may have made an error, I am seeking a conveyancing practitioners in Burslem who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
  • We are considering purchasing a one bedroom apartment in Burslem which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • Offer accepted on a a garden flat in Burslem, 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 eighty years.Contracts were due to be exchanged in a couple of days. My question is Is it not odd that my lawyers failed to pick this up far earlier than just before exchange?
  • My nephew has a share of freehold, with two other leaseholders in a building in Burslem. House converted into three apartments. He has a lease, which has about sixety four yrs left. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to purchase in Burslem. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the garden area.
  • I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been negotiated with the freeholder for the lease extension for my maisonette in Burslem
  • We are hoping to purchase a home (a one bedroom apartment inBurslem with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years unexpired. We identified a apartment we fell in love with and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our property lawyers informed us the lease only has 54 years and therefore needs a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • We have a one bedroom apartment in Burslem with a lease of fivety four years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Burslem

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