Ferndale Lease Extensions

Questions and Answers: Ferndale Lease Extensions

I bought a garden flat in Ferndale that I now cannot sell as a result of the lease requiring a lease extension. What's your legal fee ?

We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years residual lease term so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.

I am looking for a in Ferndale and they need to be on the Birmingham Midshires approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a ?

My neighbours and I are in a block of four flats in Ferndale and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I am looking into the costs of carrying out a lease extension for my studio flat in Ferndale, and would like some figures on that.

I am considering whether to purchase the freehold or a lease extension of my property in Ferndale and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with Norwich and Peterborough Building Society to free up equity. My broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1979 and since then the ground rent has been raised from £15.00 per year to £125 per annum.

I have a leasehold flat in Ferndale. I have built a large extension and have not informed my freeholder. What are my options?

We are looking to extend our lease. We will have been in the flat for 2 years as of 6th April 2015. It has nearly 57 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.

I own the freehold to two flats. Someone has the lease on the lower flat in Ferndale. I reside in the top flat. I was looking at the title deeds yesterday when I noticed that my flat is leasehold. There is seventy four years unexpired. If I want to do a lease extension then would I simply be paying for the charges?

My aunt is worried about obtaining a lease extension from a difficult freeholder. Even though the legal procedures were followed under the appropriate legislation, the landlord still attempted to charge ground rent of £300 doubling every twenty five years of the new lease. Can you help?

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