Oldbury Lease Extensions: Q and A’s

  • 40k agreed with the freeholder, just trying to find a Oldbury for a lease extension. Our flat has nearly 60 yrsoutstanding. What's your legal fee ?
  • We are in a block of four flats in Oldbury and have been offered to buy the freehold for £5000 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • The terms for the lease on my flat in Oldbury are 99 years from 15 Feb 1980. Can you give me a quote to extend the lease if I give you more information please?
  • I own a leasehold apartment in Oldbury. I have built a large extension and have not informed the leaseholder. What should I do?
  • Regarding a residence in Oldbury. upper maisonette. 60 yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Landlord also requested Section 42 Notice which I think should not be necessary. Advice required.
  • We wish to extend our lease having owned the property for 2 years as of 22nd Jan 2016. It has roughly sixety nine years remaining currently. Hoping to get a lease extension by way of an additional 90 years as quickly and stress free as is reasonably achievable.
  • I'm living at mum and dad but have a ground floor flat in Oldbury let out which has a 67 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 Oldbury 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 19k. Not sure sure whether to hold on or sell the flat?
  • Coming up to two years that I have owned my one bed flat in Oldbury. I have 74 yrs outstanding on the lease. I am now wanting to purchase a share of freehold or a lease extension. 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 about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • I'm seeking some help with regard to extending the lease on my maisonette. I'll be looking to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • We have a studio flat in Oldbury with a lease of sixety eight years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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