Cradley Heath Lease Extension - Your Legal Fees Calculator
Top Ten Questions relating to Cradley Heath Lease Extensions
We agreed with the freeholder to a lease extension on our flat in Cradley Heath, 7.5k for another 90yrs. What's your legal fee ?
I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leaseholders want to extend their leases and I'm enquiring about the procedure for this
I am looking to purchase a two bedroom first floor purpose built maisonette in Cradley Heath with a lease of seventy three years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
I'm considering purchasing a maisonette (leasehold) but the freeholder has been missing for nearly 15yrs. I wonder whether it will be less expensive to try to buy the freehold or to extend lease and apply for RTM?
I inherited a two bedroom second floor purpose built flat in Cradley Heath. I am looking for a lease extension on the property. It is slightly less than eighty one years. I would just like to know what your charges are and how long the process takes.
I am the freeholder of a Victorian 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 78 years. What are my next steps?
I note that your website states the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Cradley Heath
My husband and I are buying a garden flat in Cradley Heath which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The vendor 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 conveyancing practitioners to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new lease title number is not known. Is it correct that we have to wait until the new lease is registered?
We are in the throws of buying a property (a garden flat inCradley Heath with share of freehold). During our search, we were always looking at flats that had a minimum ninety years unexpired. We found a apartment we fell in love with and the selling agent promised us that the lease term was not an issue. Today our solicitors told us the lease only has 78 years and thus requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I am currently negotiating a lease extension for my flat in Cradley Heath 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?