Erdington Lease Extensions: Q and A’s

  • My wife and I are thinking about a lease extension for our ground floor flat based in Erdington and we don't fully understand the communication that we got from our landlord company. How long will it take?
  • I’m just looking for a ground floor flat to purchase in the Erdington area and was after more information on how much would it cost for a lease extension? It has 75 years outstanding...
  • I am looking at 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 am interested in getting a lease extension for a flat in Erdington and want to use a local conveyancing practitioners. Are you able to help me find a property lawyers?
  • I'm about to make an offer on a house in Erdington but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Santander giving us the mortgage now?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Erdington and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with TSB to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease started in 1991 and since then the ground rent has been raised from £38.00 per annum to £300 per annum.
  • I am hoping to extend the lease on my three bed flat in Erdington I am looking for help to verify the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • Coming up to two years that I have been in my one bedroom first floor purpose built maisonette in Erdington. I have 57 years left on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our two bedroom first floor purpose built flat in Erdington. We have a 68 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • We have a studio flat in Erdington with a lease of 76 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Erdington

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Erdington