FAQs concerning Selly Oak Lease Extensions

  • Hello, I just randomly found this website. I'm looking for prices on what it cost to extend a lease of a studio flat based in Selly Oak. It's on the market at the moment but has nearon sixety nine years outstanding on the lease
  • I am looking at investing in a holiday home but it has a lease that expires in eighteen years. Its in Selly Oak - I wanted to see if with your services this could be extended?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has sixety years residual lease term.
  • I have contacted my freeholder to extend my lease for my flat in Selly Oak. His solicitors has been in contact concerning costs etc. I need an estimate for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started May 1985.
  • The terms for the lease on my apartment in Selly Oak are 99 years from 10 Sep 1990. Please supply me me a quote to extend the lease if I give you more specifics please?
  • My mortgage provider is requesting a £450 fee for their solicitors to approve the lease extension deed for my flat in Selly Oak... I am unable to find any mention of this in my mortgage guide... is this a usual charge?
  • My husband and I have a leasehold flat in Selly Oak with 62 years to run. Ten months ago we were quoted a deal to grant a lease extension for a further thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 14k. We have now decided to proceed but do we now have to start the negotiations again?
  • My conveyancing practitioners (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?
  • I'm living with my parents but have a 2 bed flat in Selly Oak let out which has a sixety two year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Selly Oak for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Not sure sure whether to hold on or sell the flat?
  • Just been over 2 years that I have owned my garden flat in Selly Oak. I have sixety two yrs outstanding on the lease. I am now wanting to purchase a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors 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?
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    Lease Extensions in Selly Oak

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