Frequently asked questions relating to Lichfield Lease Extensions

  • I agreed with the freeholder for a lease extension on our flat based in Lichfield, 16.5k for an additional 90yrs. What's your legal fee ?
  • I own a leasehold flat in the Lichfield area and was wondering whether I could get a lease extension. What are your processes and fees. Has 57 years balance left
  • I need to negotiate a lease extension for a flat in Lichfield and want to use a local conveyancing practitioners. Is there a lawyers that you can recommend?
  • We have seen a house for sale for £195k 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 twenty years without owning the property. Any guidance would be much appreciated.
  • I am looking for a property lawyers in Lichfield and they need to be on the Nationwide Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Are you able to recommend a solicitors ?
  • I am looking to buy a one bed flat in Lichfield for asking price of 125k, which has sixety five years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I own 50% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around 69 years. I need a conveyancing practitioners at my end. Can you advise please? I live near Lichfield and have a mortgage with Bank of Scotland.
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Lichfield. Is this something you can help us with?
  • Coming up to two years that I have been in my studio flat in Lichfield. I have 78 years remaining on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Lichfield based conveyancing practitioners or any will do fine?
  • I am the freeholder of a property in Lichfield and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 at the drop of a hat. My surveyor has suggested a much higher figure. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
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    Lease Extensions in Lichfield

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