Cradley Heath Lease Extension - Your Legal Fees Calculator
Common questions relating to Cradley Heath Lease Extensions
I bought a ground floor flat in Cradley Heath that I now cannot sell as a result of the lease needing a lease extension. Are you willing to help me with this situation ?
I’m just looking for a studio flat to buy in the Cradley Heath area and was enquiring how much would it cost to extend a lease? It has 76 years as a balance left...
This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
I have contacted my freeholder for a lease extension for my flat in Cradley Heath. Her solicitors has been in contact regarding charges etc. I need a quote for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started Septembmer 1987.
I plan on buying a flat based in Cradley Heath. The offer is subject to the lease extension. The owner’s conveyancing practitioners has given to the freeholder 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 Yorkshire Building Society. Moreover, which are the following lease extension steps to complete the purchase?
My mortgage provider requires a £450 fee for their property lawyers for a "deed of substituted security" for the lease extension for my flat in Cradley Heath... I am unable to find any reference of this in my mortgage contract... is this a standard cost that they charge?
I am in need of some help with a lease extension. I live in Glasgow but the flat in question is based in Cradley Heath. I would be grateful if you can give me a call when you get a chance to discuss the case.
I'm living with my mother and father but have a studio flat in Cradley Heath let out which has a 61 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Cradley Heath for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Not sure sure whether to hold on or sell the flat?
Do you handle lease extensions on land? (a plot of land in Cradley Heath with 82yrs remaining)
I'm looking for some advice with regard to a lease extension on my one bedroom ground floor purpose built flat in Cradley Heath. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?