Frequently asked questions relating to Collier Row Lease Extensions

  • I own a property in Collier Row and it has nearon sixety two years residual lease term. I'd like to extend the lease period
  • I am looking for a solicitors in Collier Row and they need to be on the Birmingham Midshires approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • I plan on buying a flat in Collier Row. My offer is conditional upon a lease extension. The homeowner’s solicitors has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Clydesdale. Moreover, which are the following lease extension steps to complete the purchase?
  • I inherited a maisonette in Collier Row. I am looking for a lease extension on the property. It is approaching eighty years. I would just like to know what your charges are and how long it would take for completion.
  • In 2010 I purchased a leasehold flat in Collier Row. I have built a large extension and have not informed the freeholder. What should I do?
  • My mortgage lender is requesting several hundred pounds for their lawyers for a "deed of substituted security" for the lease extension for my flat in Collier Row... I am unable to find any reference of this in my mortgage literature... is this a normal charge?
  • Me and my partner are considering buying a ground floor flat in Collier Row which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • I am in need of a lease extension for my flat in Collier Row and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I'm looking at acquiring a flat in Collier Row at a price of £256,000 the flat has something like sixety years unexpired on the lease. My offer was subject to the lease being extended... .. that was back in September, hoping I'd be in by Christmas. The seller has just informed me they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • Do you handle lease extensions on land? (a plot of land in Collier Row with 82yrs remaining)

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