Lease Extensions in Great Barr

Frequently asked questions relating to Great Barr Lease Extensions

Me and my fiance are thinking about a lease extension for our apartment based in Great Barr and we don't fully comprehend the letter that we received from our freehold company. What's your legal fee?

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

I am looking to either purchase the freehold or a lease extension of my property in Great Barr and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Santander to free up equity. My broker handling the remortgage suggested I get two estimates : one to extend the lease and one for outright purchase .The lease began in 1972 and since then the ground rent has increased from £25.00 per annum to £300 per annum.

I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 57 years residual lease term on the lease. It is also a repo so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

I am considering bidding for an auction property and came upon a studio flat in Great Barr. It has just 41 year lease..the current owner as mortgagees in possession will not want to mess around with seeking a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and reduced chance of getting a mortgage with Alliance & Leicester ?

We are looking to extend our lease having owned the apartment for two years as of 22nd April 2015. It has approximately sixety six years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as possible.

I am hoping to extend the lease on my 2 bed flat in Great Barr 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 have a flat in Great Barr with 61 years unexpired on the lease. I am looking for a to act for me to get a lease extension. Can you help?

I am the registered freeholder to two flats. Someone has the lease on the ground flat in Great Barr. I occupy in the top flat. I was reviewing the title deeds today when I noticed that my flat has a lease on it. There is 68 years unexpired. Can one carry out a lease extension without instructing a ?

We currently own a garden flat in Great Barr 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 71 years left. Not sure what to do, have read some bits on the web saying it will be 13k 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 Great Barr