Questions and Answers: Claverley Lease Extensions

  • I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Claverley - I wanted to see if with your services it is possible for this to be extended?
  • I inherited a maisonette in Claverley with a leasehold unexpired of 72 years. I am wondering about what I will need to spend to extend my lease
  • I am looking at bidding for an auction property and found a studio flat in Claverley. It has just 49 year lease..the current owner being mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Lloyds TSB Bank?
  • We have a residential flat in Claverley with sixety six years remaining. Ten months ago we were quoted a deal to have a lease extension for a further fifty years but also uplift the ground rent from nominal to £250 per year..plus a premium I think of about 10k. Finally we have decided to move forward 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 seventy nine year lease and therefore requires a lease extension. Is it possible for me to talk with someone to go through my options please?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Claverley for a one bed flat - sec 42 is already in place?
  • I am the registered freeholder to two flats. Someone has the lease on the garden flat in Claverley. I occupy in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is 59 years unexpired. Can one carry out a lease extension without using a property lawyers?
  • I am the freeholder of a property in Claverley and a leaseholder would like a lease extension. Her valuer has given a figure of £9,000, but has upped this by £2,000 without too much effort. My valuer has recommended a much higher figure. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • We currently own a garden flat in Claverley 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 57 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. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I have a lease of sixety seven years remaining on my flat in Claverley. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Claverley

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