FAQs concerning Mossley Hill Lease Extensions

  • 20,000 agreed with the landlord’s agents, just attempting to find a Mossley Hill property lawyers for a lease extension. Our flat has approximately sixety three yearsleft. Can you please help us with this situation ?
  • Hi, I stumbled upon your site. I'm seeking prices on what it cost to extend a lease of a ground floor flat located in Mossley Hill. It's on sale at the moment but has slightly less than 60 years of unexpired leasehold
  • I own a leasehold flat in the Mossley Hill area and was curious whether I could obtain a lease extension. What are your processes and charges. Has 63 years outstanding
  • My mortgage lender requires several hundred pounds for their solicitors to agree a lease extension for my flat in Mossley Hill... I am unable to find any mention of this in my mortgage booklet... is this a normal charge?
  • I own a share of the freehold. There are five flats in the building. All the leaseholders are now seeking lease extensions. What's your solicitors fee?
  • My husband has a share of freehold, with two other leaseholders in a building in Mossley Hill. House converted into three flats. He has a lease, which has about 58 years unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?
  • I'm living at mum and dad but have a ground floor flat in Mossley Hill let out which has a sixety one 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 Mossley Hill 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. Not sure sure whether to hold on or sell the flat?
  • I own the freehold to two flats. Someone has the lease on the ground flat in Mossley Hill. I live in the upper flat. I was reviewing the land registry documents today when I noticed that my flat has a lease on it. There is 71 years residual lease term. If I want a lease extension then would I simply be paying for the property lawyers costs?
  • I own the freehold reversion of a property in Mossley Hill and a leaseholder has requested a lease extension. Her valuer has suggested a figure of £9,000, but has upped 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 equipped with the valuations I have? If not, what costs would I be likely to face?
  • I am currently negotiating a lease extension for my flat in Mossley Hill 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?
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    Lease Extensions in Mossley Hill

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