Questions and Answers: Rugeley Lease Extensions

  • Me and my partner are thinking about a lease extension for our leasehold house in Rugeley and we are confused by the letter that we received from our freehold company. How long will it take?
  • I bought a flat in Rugeley with a leasehold unexpired just under 73 years and need a lease extension. Please can you advise me of the next stages
  • I am looking for a property lawyers in Rugeley and they need to be on the Britannia approved conveyancers panel as we need a lease extension and refinance at the same time. Can you recommend any please ?
  • In 2012 I purchased a leasehold flat in Rugeley. I have built a large extension and have not informed my freeholder. What are my options?
  • I am a FTB of a leasehold flat in Rugeley. The lease has only sixety four years residual lease term and ground rent is £95. Is it possible for the seller to serve the Initial Notice and then assign over the right to me as the purchaser once I complete the buying process 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 may be possible but will it be very time consuming to the homeowner? Unfortunately the landlord is absent, so I am not sure how this will play out.
  • Re a residence in Rugeley. lower maisonette. seventy one yrs remaining. I have negotiated a lease extension price of £14k for 135yrs. Landlord also insisted on Section 42 Notice which I think should not be required. Advice required.
  • Coming up to two years that I have owned my two bedroom first floor purpose built flat in Rugeley. I have 54 yrs left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancers about the process, he answered most of my questions but just have one left: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of funding the lease extension - do they add it to their existing mortgage or pay it out in cash?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my studio flat in Rugeley
  • I'm intent on buying a flat in Rugeley valued at £195,000 the flat has approximately 58 years remaining on the lease. My offer was conditional upon a lease extension... .. that was back in September, expecting I'd be in by Christmas. They have just come back saying they are willing to reduce the price by£8k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my three bed flat in Rugeley
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    Lease Extensions in Rugeley

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