Examples of recent questions relating to Lease Extensions in Cannock

  • My name´s Samuel. I’m flat hunting in Cannock I'm seeing a ground floor flat online, with about 78 years outstanding, how much will it likely cost to extend in this location by, say, thirty years?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 928 years outstanding so a lease extension is not a concern. 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 the house being ours. Any information would be much appreciated.
  • I have a lease of seventy three years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am about to put an offer in on a one bedroom apartment in Cannock with a lease of 63 years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I'm thinking of buying a three bedroom second floor purpose built maisonette (leasehold) but the landlord has been missing for circa 15yrs. I wonder whether it will be cheaper to try to buy the reversionary title or to extend lease and apply for RTM?
  • My co-lessees and I are in a building consisting of three flats in Cannock and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am a first time buyer of a leasehold flat in Cannock. The lease has just 63 years outstanding and ground rent is £25. Is it possible for the homeowner to serve the Notice of Claim 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 qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the vendor? Unfortunately it’s the case of an absent landlord, so I am not sure how does it work.
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Cannock. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • We currently own a maisonette in Cannock and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy five years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • Other Topics

    Lease Extensions in Cannock

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