FAQs concerning Erdington Lease Extensions

  • So this is the scenario: I invested in buying a garden flat in Erdington that I am finding difficult to sell as a result of the lease needing a lease extension. What's your legal fee ?
  • I am considering investing in a holiday home but it has a lease that expires in fifteen years. Its in Erdington - I wanted to see if with your services it is possible for this to be extended?
  • I want to buy a leasehold property and lease extension. The owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • My husband and I are considering buying a one bedroom ground floor purpose built maisonette in Erdington which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease expires, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I am in need of a lease extension for my flat in Erdington and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am planning to extend the lease on my maisonette in Erdington I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own the freehold of a couple of flats. Someone has the lease on the lower flat in Erdington. I reside in the upper flat. I was reviewing the land registry documents today when I noticed that my flat is leasehold. There is 54 years remaining. If I want a lease extension then would I simply be paying for the costs?
  • I own the freehold reversion of a property in Erdington where the leaseholder would like a lease extension. Her so called valuation expert has given a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just equipped with the valuations I have? If not, what costs would I be likely to incur?
  • I am currently negotiating a lease extension for my flat in Erdington 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bedroom apartment in Erdington
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Erdington