Top Ten Questions relating to Langford Lease Extensions

  • I invested in buying a flat in Langford with a leasehold unexpired just under sixety years and need to extend it. Please can you clarify the next steps
  • I purchased a property in Langford and it has around sixety two years left. I'd like to extend the lease period
  • I own a leasehold flat in the Langford area and was curious whether I could obtain a lease extension. What are your processes and fees. Has 67 years left
  • We have seen a house for sale for £185,000 and we are very keen on but we've just found out that it is leasehold. There are 798 years residual lease term so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any guidance would be much appreciated.
  • I have a lease of 73 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I inherited a garden flat in Langford. The lease started in 1997 for 99 years. Now I am wanting 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?
  • I inherited a three bedroom second floor purpose built maisonette in Langford. I am looking for a lease extension on the property. It is slightly more than eighty years. I would just like to know what your charges are and how long the process takes.
  • I am looking to either purchase the freehold or a lease extension of my property in Langford and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a get a new mortgage with Birmingham Midshires to free up equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for the freehold acquisition .The lease started in 1991 and since then the ground rent has increased from £25.00 per annum to £200 per year.
  • I'm living with my parents but have a garden flat in Langford let out which has a 69 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Langford for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?
  • Do you handle lease extensions on land? (a plot of land in Langford with 82yrs remaining)

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