Common questions relating to Rowley Regis Lease Extensions

  • Hi, I am looking somewhere around or in Rowley Regis 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • My wife has a flat based in Rowley Regis which we have just put on the market. The leasehold has circa 70 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
  • My mortgage provider requires a £500 fee for their to agree a lease extension for my flat in Rowley Regis... I am unable to find any reference of this in my mortgage literature... is this a standard fee to pay?
  • I am the freeholder of a Victorian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy five years. What are my next steps?
  • Just been over two years that I have been in my garden flat in Rowley Regis. I have fivety five yrs remaining on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. 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: In terms of surveyors - how do I go about finding one?
  • 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?
  • I'm looking for some help concerning a lease extension on my maisonette. I'll be looking to do this in nine months time as we have to move 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. You are able to recommend a good who specialises in lease extensions. Preferably someone in Rowley Regis area?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Rowley Regis
  • We have a ground floor flat in Rowley Regis with a lease of fivety four years left with a value of around £370000 we want to add 90 years to it, how much is that likely to cost?

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