Norris Green Lease Extensions

Examples of recent questions relating to Lease Extensions in Norris Green

I am the registered owner of a garden flat in Norris Green that I am now unable to sell as a result of the lease requiring a lease extension. What's your solicitors fee ?

I have a lease of 66 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?

I have my suspicions that my niece is being hoodwinked. She submitted an offer on a one bed flat in Norris Green, where the lease is roughly 73 years but she was informed by the selling agents that the owner had extended it to 125 years. Only now has she been told the seller was holding off for her to retain conveyancers before commencing with the lease extension. Seems underhand, also it will take time to sort it all out. What do you think?

I am looking at purchasing an auction property and found a studio flat in Norris Green. It only has a 41 year lease..the seller being mortgagees in possession dont want the aggravation of negotiating a lease extension..what are the disadvantages of this except for the expensive fee to extend the lease and decreased chance of obtaining a mortgage with Accord Mortgages Ltd?

We have a one bedroom flat located in Norris Green. There is 80 years unexpired on the lease and we want a lease extension. How much does it cost on average to extend in this area by, say,fifty years

I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?

My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?

If a leaseholder 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 doing it?

We have a garden flat in Norris Green with a lease of 78 years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

I have a lease of 63 years remaining on my flat in Norris Green. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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