Common questions relating to Shelfield Lease Extensions

  • I’m about to offer on a garden flat to buy in the Shelfield area and was enquiring how much would it cost to extend a lease? It has seventy five years outstanding...
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I am looking into the costs of carrying out a lease extension for my first floor flat in Shelfield, and would like some figures on that.
  • I would like to know the likely charges and the best way to start the lease extension process? I have roughly 54 years remaining and I own a one bedroom ground floor purpose built maisonette in Shelfield.
  • My mortgage lender requires several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Shelfield... I am unable to find any mention of this in my mortgage booklet... is this a normal charge?
  • I am the owner of a purpose-built apartment in a large development in Shelfield. The leasehold interest in the flat on a 101 year lease which commenced on 1 November 1970 with a set ground rent of £15 per annum. I wish to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • I do not need a lease extension but I do need a vesting order on a property I want to buy in Shelfield. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the rear garden.
  • I have 79 years remaining on my lease of a ground floor flat in Shelfield, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I have a lease of seventy three years remaining on my flat in Shelfield. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
  • I'm looking for some advice with regard to a lease extension on my garden flat in Shelfield. I'll be looking to do this sometime next year as we need to move at some point 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. Can you recommend a good who specialises in lease extensions?
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