Common questions relating to Cannock Lease Extensions

  • My name´s Jackson. I’m flat hunting in Cannock I'm deliberating offering on a maisonette online, with around 60 years outstanding, how much does it cost on average to extend in this area by, say, fifty years?
  • I want to purchase a leasehold property and lease extension. The seller has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 77 years balance left.
  • I am a FTB of a leasehold flat in Cannock. The lease has just sixety two years remaining and ground rent is £95. Is it possible for the owner to serve the Initial Notice and then assign 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 vendor? To add to the complexity the landlord can not be found, so I am not sure how this will play out.
  • My partner and I have a ground floor flat in Cannock with 54 years remaining. Ten months ago we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 10k. Finally we have decided to proceed but do we now have to start the negotiations again?
  • I am looking for advice as I am interested in a property that has only a sixety one year lease and therefore requires a lease extension. Can I talk with someone to discuss my options please?
  • My (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?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our ground floor flat in Cannock. We have a seventy two year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Just a quick question, how much is the premium payable for a lease extension on a residential property in Cannock for a three bed flat - sec 42 having been issued?
  • We have a three bed flat in Cannock with a lease of sixety five years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Cannock