Lozells Lease Extensions

Examples of recent questions relating to Lease Extensions in Lozells

I’ve just completed on a three bedroom second floor purpose built flat inLozells and I'm thinking about extending the lease as soon as practicable e.g. in 24 months of ownership

I have shares in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm enquiring about the the process

I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Lozells - I wanted to see if with your services it is possible for this to be extended?

I bought a one bedroom apartment based in Lozells with a leasehold unexpired of seventy three years. I am enquiring about how much I will need to spend to extend my lease

I need to talk to you about a leasehold property in Lozells, I am considering buying at auction next month. The flat only has a few years remaining and I was wondering about how much it would cost to get a lease extension and for your services.

I am looking to either purchase the freehold or a lease extension of my property in Lozells and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a remortgage with Accord Mortgages Ltd to free up equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease started in 1991 and since then the ground rent has been raised from £15.00 per annum to £300 per year.

I intend to buy a one bed flat in Lozells for asking price of 145k, which has seventy one years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am the freeholder of a property in Lozells where the leaseholder would like a lease extension. Her valuer has suggested a figure of £8,000, but has increased this by £2,000 without too much effort. My valuer has suggested a much higher figure. 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 equipped with the valuations I have? If not, what charges would I be likely to incur?

We are worried about seeking a lease extension from an objectionable landlord. Regardless of the fact that the correct procedures were followed under the 1993 Act, the landlord still tried to charge ground rent of £300 doubling every 25 years of the new lease. Can you assist?

I am currently negotiating a lease extension for my flat in Lozells as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

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