Great Barr Lease Extensions: Q and A’s

  • We are seeking a lease extension for our flat based in Great Barr and we are confused by the letter that we got from our freehold company. How long will it take?
  • We agreed with the freeholder for a lease extension on our flat based in Great Barr, 7k for a further 90yrs. Can you please help us with this situation ?
  • I purchased a ground floor flat based in Great Barr with a leasehold unexpired of 59 years. I am enquiring about how much it will cost me to extend my lease
  • I bought a ground floor flat in Great Barr. The lease commenced in 1997 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • We invested in buying a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Great Barr and looking to do a vesting order. Is this something you can do for us?
  • I am a landlord of a block of flats in Great Barr, and the leaseholders are in the process of being granted lease extensions. I should hopefully get the money within a month or so. Are there any tax implications, the property is co-owned with my wife ?
  • My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My husband and I have been in discussion with our freeholder after having a valuation on our studio flat in Great Barr. We have a fivety five year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Me and my OH are are hoping to complete on a three bed flat in Great Barr which has share of freehold and a leasehold. The lease was on the short side so the owner is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our property lawyers to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our property lawyers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must wait until the lease extension has actually been registered before completing.?
  • I am the freeholder of a property in Great Barr and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. 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 charges would I be likely to incur?
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    Lease Extensions in Great Barr

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