FAQs concerning Codsall Lease Extensions

  • 40k agreed with the freeholder, just trying to find a Codsall for a lease extension. Our flat has circa 65 yearsunexpired lease. How long will this take ?
  • I bought a property in Codsall and it has nearly 57 years balance left. I'd like to extend the lease period
  • I'm planning to make an offer on a house in Codsall but I'm a little worried 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 Barnsley Building Society giving us the mortgage now?
  • I am looking for a in Codsall and they should be on the The Royal Bank of Scotland approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
  • I am the owner of a maisonnette and the freehold of both flats. My downstairs neighbours have asked for a lease extension what do I need to do?
  • I am a first time buyer of a leasehold flat in Codsall. The lease has just seventy three years residual lease term and ground rent is £50. Is it possible for the current owner to serve the Notice of Claim and then transfer over the right to me as the buyer once I complete the buying process so that I can avoid waiting for the two 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 is legal but will it be very time consuming to the flat owner? To add to the complexity the landlord is absent, so I am not sure how does it work.
  • I am concerned that my daughter is being hoodwinked. She submitted an offer on a studio flat in Codsall, where the lease is just over 69 years but she was advised by the estate agents that the current owner had extended it to 125 years. She has now been informed the homeowner was waiting for her to appoint solicitors ahead of instigating the lease extension. Seems unscrupulous, also it will take months to sort it all out. Am I reading too much into it?
  • My mortgage lender requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Codsall... I can find no mention of this in my mortgage booklet... is this a usual cost that they charge?
  • I am the freeholder of a Edwardian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety seven years. What are my next steps?
  • Me and my sister would like to know the cost of a lease extension valuation for a property based in Codsall. Is this something you can help us with?

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