Examples of recent questions relating to Lease Extensions in Castle Vale

  • I need to extend my existing lease can you assist? I think it has 54 years remaining
  • I have a lease of 64 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • Hi. I need someone to have a look at my lease extension ahead of it being signed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor amendments.
  • We are in a building of four flats in Castle Vale and have been offered to buy the freehold for £3,500 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 about to view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 63 years outstanding on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • We would like to know the cost of a lease extension valuation for a property based in Castle Vale. Is this something you can help us with?
  • I'm living at parents but have a ground floor flat in Castle Vale let out which has a fivety eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Castle Vale for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Castle Vale for a one bed flat - section 42 having been issued?
  • My OH and I are in the throws of buying a home (a one bedroom apartment based inCastle Vale with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years left on the lease. We came across a apartment we fell in love with and the selling agent assured that the lease term was not an issue. Today our advised us the lease only has sixety five years and therefore needs a lease extension. Should we walk away, or do 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 wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Castle Vale

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