Edgbaston Lease Extensions: Q and A’s

  • I’m about to offer on a garden flat to buy in the Edgbaston area and was interested in finding out what the likely fees would be to extend a lease? It has 67 years residual lease term...
  • I am looking for a in Edgbaston and they need to be on the Chelsea Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend any please ?
  • I have contacted my freeholder for a lease extension for my flat in Edgbaston. His has been in contact regarding charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started March 1986.
  • We hope to sell our maisonette in Edgbaston but we may need to extend the lease, or at least cover the expense of our buyers. Are you able to help me find someone to undertake the legal formalities?
  • I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a maisonette in Edgbaston, where the lease is around 68 years but she was told by the estate agents that the flat owner had extended it to 99 years. Only now has she been advised the vendor was waiting for her to instruct lawyers prior to commencing with the lease extension. Sounds odd to me, also it may take a while to sort it all out. Am I reading too much into it?
  • I am a freeholder of a block of flats in Edgbaston, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds next week. As I am not on self assessment do I contact HMRC ?
  • My fiance and I are considering buying a one bedroom apartment in Edgbaston which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • I'm living at mother and father but have a garden flat in Edgbaston let out which has a 72 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 Edgbaston 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 13k. Should I keep or sell the flat?
  • Just a quick one, how much does it cost for a lease extension on a residential property in Edgbaston for a one bed flat - sec 42 having been issued?
  • We currently own a one bedroom apartment 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 62 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Edgbaston