Examples of recent questions relating to Lease Extensions in Rubery

  • I own a leasehold flat in the Rubery area and was enquiring whether I could get a lease extension. What are your processes and fees. Has 72 years residual lease term
  • I need to extend my current lease can you help me with that? I think it has 65 years left
  • I am looking for a in Rubery and they should be on the Coventry Building Society approved conveyancers panel as we need a lease extension and refinance simultaneously. Can you recommend a ?
  • I need to talk to you about a flat in Rubery, I am considering buying at auction in the next few days. The flat only has a few years outstanding and I am curious about what it would cost to get a lease extension and for your services.
  • I am a first time buyer of a leasehold flat in Rubery. The lease has just seventy three years left and ground rent is £75. Is it possible for the homeowner to serve the Initial Notice and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time costly to the seller? To add to the complexity it’s the case of an absent landlord, so I am not sure how this will play out.
  • Offer accepted on a a garden flat in Rubery, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as eighty years.Contracts were due to be exchanged within a week. My query is why has this only just come to my attention by my ?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • If a leaseholder owns a flat with a lease of less than 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 at acquiring a flat in Rubery at a price of £210,000 the flat has approaching 66 years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd be in by Christmas. The seller has just come back saying they are willing to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I have sixety years remaining on my lease of a ground floor flat in Rubery, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

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