Frequently asked questions relating to Hednesford Lease Extensions

  • My neighbours and I are in a block containing three flats in Hednesford and have been offered to buy the freehold for £6000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • We inherited a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Hednesford and are therefore deliberating the option of a vesting order. Is this something you can do for us?
  • Last year I purchased a leasehold flat in Hednesford. I have built a large extension and have not informed the leaseholder. What are my options?
  • We are considering purchasing a one bedroom apartment in Hednesford which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I own a purpose-built flat based in a large development in Hednesford. The leasehold interest in the apartment on a ninety five year lease which commenced from 11th October 1972 with a non-reviewable yearly rent of 35. I wish to obtain a lease extension. Is it possible for me to talk with someone to go through my options please?
  • I would like some guidance on leasehold property buying. We intend to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Hednesford area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
  • I am the freeholder of a Georgian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety four years. What are my next steps?
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • I own the freehold reversion of a property in Hednesford where the leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • I require an estimate to extend my mum’s lease on a garden flat in Hednesford. She recently got a figure from the freeholder for a lease extension but I am unclear whether it is reasonable.
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    Lease Extensions in Hednesford

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