Colwall Lease Extensions

Examples of recent questions relating to Lease Extensions in Colwall

Me and my wife are looking for lease extension for our flat located in Colwall and we don't fully comprehend the letter that we got from our freehold company. Are you able to assist us with this situation?

We agreed with the freeholder to a lease extension on our flat in Colwall, 10.5k for an additional 90yrs. How long will it take ?

I'm about to make an offer on a house in Colwall 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 The Mortgage Works giving us the mortgage now?

Possibly made an error, I am actually looking for a in Colwall who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?

We own a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Colwall and are therefore considering the option of a vesting order. Is this something you can help us with?

I am about to view a two bedroom maisonette, 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 fivety four years left on the lease. It is also a repo so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?

My mortgage provider is requesting several hundred pounds for their to agree a lease extension for my flat in Colwall... I am unable to find any mention of this in my mortgage literature... is this a usual fee to pay?

My fiance and I had entered into buying a one bedroom apartment in Colwall. I was informed that the lease had been extended (68 years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The current owner supposedly has a quote but no funds to extend and consequently the current owner intends to exchange and use the my deposit for the lease extension. My question is as the lease hasn't been extended is there not a danger that Birmingham Midshires won't lend on a lease?

My brother and I are acquiring a one bedroom apartment in Colwall which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do OS1 search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we have to hold on pending registration of the new lease?

I am currently negotiating a lease extension for my flat in Colwall as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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