Lichfield Lease Extensions

FAQs concerning Lichfield Lease Extensions

My name´s Callum. I’m house hunting in Lichfield I'm seeing a garden flat online, with just over seventy nine years left, how much does it cost on average to extend in this location by, say, 35 years?

I am looking for a in Lichfield and they should be on the Platform Home Loans Ltd approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?

I am looking to purchase a studio flat in Lichfield with a lease of 64 years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I have a share of the freehold. There are five flats in the house. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?

I am in need of a lease extension for my flat in Lichfield and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

I own a purpose-built apartment in a small block in Lichfield. The leasehold interest in the apartment on a 99 year lease which commenced on 2nd March 1980 with a set ground rent of £15 per annum. I wish to obtain a lease extension. Can I call someone to discuss my options please?

If somebody owns a flat with a lease of less than 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?

Me and my OH are in the throws of buying a flat (a one bed flat located inLichfield with share of freehold). During our search, we were always looking at flats that had a minimum ninety years left on the lease. We found a apartment we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our advised us the lease only has fivety five years and thus requires a lease extension. Should we run away, or should 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?

I own the freehold reversion of a property in Lichfield where the leaseholder would like a lease extension. Her valuer has suggested a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My valuer 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 tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to face?

I require an estimate to extend my mother’s lease on a one bedroom apartment in Lichfield. She recently got a price from the landlord for a lease extension but I am unclear whether it is too high.

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