Lease Extensions in Coleshill

Questions and Answers: Coleshill Lease Extensions

I purchased a flat in Coleshill with a leasehold unexpired approximately sixety four years and need a lease extension. Please can you clarify the next stages

I am the registered owner of a property in Coleshill and it has about fivety four years residual lease term. I'd like to arrange a lease extension by twenty years

We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 899 years unexpired so a lease extension is not required. 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 owning the property. Any feedback would be much appreciated.

I'm planning on purchasing a one bed flat (leasehold) but the freeholder has been missing for approximately 15yrs. My question is would it be less expensive to try to purchase the reversionary title or to extend lease and apply for RTM?

The terms for the lease on my flat in Coleshill are 101 years from 15 Jan 1980. Please provide me a quote to extend the lease if I give you more details please?

We have a first floor flat in Coleshill with fivety four years to run. Ten months ago we were quoted a deal to grant a lease extension for another fifty years but also increase ground rent from notional to £300 per annum..plus a premium I think of about 16k. We have now decided to proceed but do we now have to renegotiate?

I am in need of a lease extension for my flat in Coleshill and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

Me and my wife have owned a leasehold flat for around twenty years. It now has seventy four years unexpired lease on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate some independent thoughts.

I do not need a lease extension but I do require a vesting order on a property I want to purchase in Coleshill. The house is freehold but the garden is officially leasehold, 1000 year lease from 1895. Its the rear garden.

If a leaseholder owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

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