FAQs concerning Oldland Lease Extensions

  • I agreed with the freeholder to a lease extension on our flat located in Oldland, 20k for a further 90yrs. What's your solicitors fee ?
  • My OH and I have just bought a garden flat inOldland and I'm thinking about extending the lease as soon as I can e.g. in two years
  • I need to extend my existing lease can you assist? I think it has 56 years residual lease term
  • Hello. I need someone to have a look at my lease extension prior to it being signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • I am the owner of a maisonnette and the freehold title. The owners of the downstairs flat have asked to extend the lease what do I need to do?
  • I have contacted my freeholder for a lease extension for my flat in Oldland. Her has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started January 1987.
  • I plan on buying a flat located in Oldland. The offer is subject to the lease extension. The current owner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Halifax. Moreover, which are the following lease extension steps to complete the purchase?
  • I am looking to either purchase the freehold or a lease extension of my property in Oldland 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 Birmingham Midshires to release of equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has increased from £38.00 per annum to £100 per year.
  • I'm living with my parents but have a ground floor flat in Oldland let out which has a 54 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 Oldland 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. Should I keep or sell the flat?
  • Coming up to 2 years that I have been in my one bedroom second floor purpose built maisonette in Oldland. I have fivety eight yrs remaining on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 342K, 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: Is there a benefit in getting a Oldland based or any will do fine?

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