Common questions relating to Harborne Lease Extensions

  • I inherited a property in Harborne and it has just over fivety four years outstanding. I'd like to extend the lease period
  • I own a maisonette based in Harborne with a leasehold unexpired of 74 years. I am wondering about what I will need to spend to extend my lease
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am looking to either purchase the freehold or a lease extension of my property in Harborne and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with Norwich and Peterborough Building Society to free up equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease started in 1972 and since then the ground rent has been raised from £38.00 per annum to £100 per year.
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Harborne, where the lease is about 78 years but she was informed by the estate agents that the vendor had extended it to 99 years. She has now been told the current owner was waiting for her to retain conveyancers ahead of instigating the lease extension. Sounds underhand, also it could take time to sort it all out. Am I reading too much into it?
  • I am a landlord of a block of flats in Harborne, and the tenants are in the process of being granted lease extensions. I should hopefully get funds within a month or so. How does the tax work, the property is in joint names with my husband ?
  • I'm intent on buying an apartment in Harborne at a price of £256,000 the flat has approximately seventy five years left on the lease. My offer was conditional upon a lease extension... .. that was back in June, hoping I'd have completed by Christmas. They have just come back saying they are willing to reduce the price by£2k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I am the freeholder of a property in Harborne where the leaseholder has requested a lease extension. Her valuer has provided a figure of £8,000, but has increased this to £10,000 without too much effort. My surveyor has recommended a much higher amount. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
  • I'm hoping for some advice concerning a lease extension on my maisonette. I'll be looking to do this next winter 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 LVT route. You are able to recommend a good who specialises in lease extensions. Preferably nearby in Harborne?
  • Do you handle lease extensions on land? (a plot of land in Harborne with 82yrs remaining)

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