Top Ten Questions relating to Parson Cross Lease Extensions

  • Hi, I stumbled across this website. I'm seeking prices on what it cost to extend a lease of a ground floor flat in Parson Cross. It's up for sale at the moment but has roughly 66 years remaining on the lease
  • I own a leasehold flat in the Parson Cross area and was curious whether I could get a lease extension. What are your processes and fees. There are fivety four years outstanding
  • I am looking for a in Parson Cross and they need to be on the Birmingham Midshires approved conveyancers panel as we need a lease extension and remortgage at the same time. Are you able to recommend any please ?
  • 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?
  • Think I may have made a mistake, I am seeking a in Parson Cross who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • We bought a leasehold with a freeholder who has failed to give us a counter-notice for a lease extension for our flat in Parson Cross and looking to do a vesting order. Is this something you can do for us?
  • We have a residential flat in Parson Cross with sixety nine years left. Last year we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 9k. We have now decided to go ahead but do we now have to renegotiate?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my maisonette in Parson Cross
  • I am currently negotiating a lease extension for my flat in Parson Cross 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?
  • I have a lease of 79 years remaining on my flat in Parson Cross. 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 Parson Cross