Common questions relating to Edgbaston Lease Extensions

  • I bought a garden flat in Edgbaston that I now cannot sell due to the lease needing a lease extension. Can you please help me with this situation ?
  • I’m about to offer on a one bedroom apartment to buy in the Edgbaston area and was interested in finding out what the likely fees would be to extend a lease? It has seventy eight years residual lease term...
  • I have shares in the freehold of buildings comprising of six flats each. Two of the leaseholders want a lease extension and I'm enquiring about the procedure for this
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • If a leaseholder owns a flat with a lease of less than 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 doing it?
  • I am the freeholder of a property in Edgbaston where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has upped this by £2,000 without too much effort. My valuer has recommended a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I'm hoping for some help concerning extending the lease on my maisonette. The intention is to do this sometime next year as we need to move 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 LVT route. You are able to recommend a good who specialises in lease extensions. Preferably someone in Edgbaston area?
  • We currently own a garden flat in Edgbaston and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 75 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Edgbaston
  • We have a garden flat in Edgbaston with a lease of 76 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?

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