Questions and Answers: Polesworth Lease Extensions

  • I’m about to offer on a a property to buy in the Polesworth area and was after more information on how much would it cost to extend a lease? It has 58 years as a balance left...
  • I purchased a property in Polesworth and it has roughly 54 years remaining. I'd like to extend the lease period
  • I purchased a ground floor flat in Polesworth with a leasehold unexpired of 57 years. I am enquiring about what I will need to spend to extend my lease term
  • I own a ground floor flat in Polesworth. I am looking to extend lease on the property. It is circa eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • Is it possible to talk with you about a flat in Polesworth, I am thinking of bidding at auction next month. The flat only has a few years remaining and I was wondering about how much it would cost to get a lease extension and for your services.
  • I am thinking about bidding for an auction property and came upon a two bed flat in Polesworth. It has just 48 year lease..the current owner as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the drawbacks of this other than the costly fee to put a new lease on it and decreased chance of getting a mortgage with Barclays Direct?
  • I do not need a lease extension but I do need a vesting order on a property I want to acquire in Polesworth. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • We know that others in the same block had already had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you recommend such a course of action?
  • We currently own a one bed flat in Polesworth 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 two 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. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • I'm looking for some advice with regard to a lease extension on my studio flat in Polesworth. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Can you recommend a good who specialises in lease extensions?

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