FAQs concerning Shard End Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the procedure for this
  • My mortgage provider is requesting several hundred pounds for their lawyers to approve the lease extension deed for my flat in Shard End... I am unable to find any mention of this in my mortgage booklet... is this a standard fee to pay?
  • I am seeking advice as I am interested in a property that has only a sixety nine year lease and therefore requires a lease extension. Is it possible for me to talk with someone to discuss my options please?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Shard End. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
  • 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 extending the lease?
  • Hi I am the freeholder title in a one bedroom flat in Shard End. The leaseholder has a seventy six year lease and would like to purchase another 90 years. He is offering me £27,000 but I am not sure if this is in the right ballpark
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Shard End for a two bed flat - section 42 having been issued?
  • My brother and I are hoping to acquire a flat (a studio flat inShard End with share of freehold). During our search, we were always looking at properties that had at least 83 years left on the lease. We came across a apartment we fell in love with and the estate agent promised us that the lease term was not an issue. This morning our conveyancing practitioners advised us the lease only has fivety six years and therefore needs a lease extension. Should we run away, or should we reduce our offer?
  • My daughter is aware that others in the same building previously had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Shard End
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    Lease Extensions in Shard End

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