Fradley Lease Extensions: Q and A’s

  • I am the registered owner of a property in Fradley and it has about fivety four years unexpired. I'd like to extend the lease period
  • I need to negotiate a lease extension for a flat in Fradley and want to use a local property lawyers. Are you able to help me find a conveyancers?
  • I want to buy a leasehold property and extend the lease. The vendor has been there for three 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 ?
  • We have seen a house for sale for £195k and we are very keen on but we've just found out that it is leasehold. There are 899 years residual lease term so a lease extension is not a worry. 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 correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any feedback would be much appreciated.
  • I'm thinking of buying a maisonette (leasehold) but the landlord has been absent for about 15yrs. I wonder whether it will be less expensive to try to acquire the reversionary title or to extend lease and apply for RTM?
  • I purchased a one bedroom apartment in Fradley. I am looking to extend lease on the property. It is approximately 80 years. I would just like to know what your charges are and how long the process takes.
  • I would like some guidance on purchasing a leasehold residence. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Fradley area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • I am looking to extend the lease on my garden flat in Fradley I am looking for a local company to calculate the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • Just been over 2 years that I have been in my studio flat in Fradley. I have fivety nine yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • I'm seeking some help concerning a lease extension on my apartment. The intention is to do this in six months time as we have 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 tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Fradley

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