Ladywood Lease Extensions: Q and A’s

  • I have shares in the freehold of 2 blocks of flats comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the the process
  • I own a property in Ladywood and it has roughly 58 years remaining. I'd like to arrange a lease extension by twenty years
  • I acquired a 2 bed flat in Ladywood. The lease started in 1997 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • My OH and I are considering buying a garden flat in Ladywood which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from extending the lease?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Ladywood. Would you be able to help?
  • It says on your website the likely fee to extend a lease is £495. Is that the total cost including value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Ladywood
  • Hi I own the freehold interest in a 3 bedroom flat in Ladywood. The leaseholder has a 55 year lease and would like to purchase another 125 years. She is offering me £27,000 but I am not sure if this is in the right ballpark
  • I own the freehold reversion of a property in Ladywood and a leaseholder has requested a lease extension. Her valuer has provided a figure of £9,000, but has upped this to £10,000 without too much effort. My surveyor has suggested a much higher figure. 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 handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • We have a two bedroom ground floor purpose built flat in Ladywood with a lease of fivety seven years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
  • I have a lease of fivety seven years remaining on my flat in Ladywood. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Ladywood

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