Sample questions relating to Oldbury Lease Extensions

  • My name´s Connor. I’m flat hunting in Oldbury I'm considering offering on a ground floor flat online, with approximately fivety nine years remaining, how much does it cost on average to extend in this location by, say, 45 years?
  • I own a garden flat in Oldbury with a leasehold unexpired of seventy years. I am wondering about how much I will need to spend to extend my leasehold
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I own a maisonnette together with the freehold title. My upstairs neighbours have asked to extend the lease what do I need to do?
  • The intention is to sell our 2 bed flat in Oldbury but we may need to extend the lease, or possibly cover the costs of our purchaser. Can you recommend someone to undertake the legal formalities?
  • I am about to view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has fivety eight years left on the lease. It is also a repossession so I'm assuming that the lender will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • My OH and I are proceeding with buying a one bed flat in Oldbury. I was assured that the lease had been extended (69 years outstanding prior to extension). The sales particulars stated "sold with a long lease". It turns out as we are about to exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no funds to extend as a result the flat owner intends to exchange and use the 10% deposit to extend the lease. My question is why has this only just been brought to my attention by my ?
  • I have 61 years remaining on my lease of a ground floor flat in Oldbury, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my two bedroom first floor purpose built maisonette in Oldbury
  • I have a lease of 55 years remaining on my flat in Oldbury. 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 Oldbury