Top Ten Questions relating to Smethwick Lease Extensions

  • I’m just looking for a one bedroom ground floor purpose built maisonette to purchase in the Smethwick area and was after more information on what the likely fees would be for a lease extension? It has 64 years unexpired...
  • We have seen a house for sale for £215k and we are very interested but we've just discovered that it is leasehold. There are 928 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for 25 years without the house being ours. Any suggestions would be much appreciated.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Smethwick, and my lease will reach 78 years this June. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am going to purchase a flat in Smethwick. My offer is conditional upon a lease extension. The current owner’s property lawyers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender TSB. Moreover, which are the following lease extension steps to complete the purchase?
  • I am the registered owner of a one bed flat in Smethwick. I am looking to extend lease on the property. It is about eighty one years. I would just like to know what your charges are and how long the process takes.
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to acquire in Smethwick. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1889. Its the garden area.
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my maisonette in Smethwick
  • I'm seeking some advice with regard to a lease extension on my apartment. The intention is to do this in six months time as we have to move 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. You are able to recommend a good property lawyers who specialises in lease extensions. Ideally someone in Smethwick area?
  • I am currently in the process of refinancing my garden flat in Smethwick and the new lender that I am looking to switch to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around 68 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
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    Lease Extensions in Smethwick

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