Frequently asked questions relating to Pattingham Lease Extensions

  • Hello, I just randomly found this website. I'm looking for prices on what it cost to extend a lease of a one bedroom first floor purpose built flat in Pattingham. It's up for sale at the moment but has nearon 62 years left on the lease
  • The terms for the lease on my apartment in Pattingham are 95 years from 14 Feb 1988. Please provide me a quote for a lease extension if I give you more information please?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Pattingham, and would like some figures on that.
  • I am considering whether to purchase the freehold or a lease extension of my property in Pattingham and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Coventry Building Society to free up equity. The adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease started in 1972 and since then the ground rent has increased from £38.00 per year to £100 per annum.
  • Offer accepted on a a three bed flat in Pattingham, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.Contracts were due to be exchanged in a couple of days. My question is Is it not odd that my property lawyers didn't spot this far earlier than just before exchange?
  • I own a purpose-built flat based in a small development in Pattingham. The leasehold interest in the flat on a ninety five year lease which commenced on 1 January 1970 with a set yearly rent of 35. I wish to obtain a lease extension. Can I talk with someone to discuss my options please?
  • My husband has a share of freehold, with two other leaseholders in a building in Pattingham. House converted into three flats. He has a lease, which has slightly more than 76 yrs remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • If somebody owns a flat with a lease of under 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 currently own a maisonette in Pattingham and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety seven years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?
  • We have a ground floor flat in Pattingham with a lease of 62 years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?
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    Lease Extensions in Pattingham

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