Questions and Answers: Green Street Green Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the the process
  • I bought a one bed flat located in Green Street Green with a leasehold unexpired of 60 years. I am wondering about what it will cost me to extend my leasehold
  • We have a ground floor flat in Green Street Green with 62 years left. Last year we were quoted a deal to grant a lease extension for a further fifty years but also increase ground rent from nominal to a little more..plus a premium I think of approximately 9k. Finally we have decided to move forward but do we now have to renegotiate?
  • Me and my husband are considering buying a garden flat in Green Street Green which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • I own a purpose-built flat located in a small development in Green Street Green. The leasehold interest in the apartment on a 101 year lease which commenced on 2nd October 1972 with a set yearly rent of 35. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • My conveyancing practitioners (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?
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around 67 years. I need a property lawyers at my end. Can you advise please? I live near Green Street Green and have a mortgage with Birmingham Midshires.
  • Me and my husband are hoping to buy a property (a garden flat located inGreen Street Green with share of freehold). Throughout our search, we were always looking at flats that had at least 84 years remaining. We came across a apartment we liked and the selling agent assured that the lease was long albeit not specifying a number. This morning our conveyancing practitioners told us the lease only has 57 years and thus needs a lease extension. Do we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • My friend is concerned about seeking a lease extension from tricky freeholder. Notwithstanding that the legal procedures were adhered to under the appropriate legislation, the freeholder still tried to get ground rent of £300 increasing by 100% every twenty five years of the new lease. Can you assist?
  • Do you handle lease extensions on land? (a plot of land in Green Street Green with 82yrs remaining)
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    Lease Extensions in Green Street Green

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