Recently asked questions relating to Smethwick Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 71 years left.
  • Hi. I need someone to have a look at my lease extension prior to it being completed just to ensure there's nothing that I haven't seen - it's just a reissue with a few minor variations.
  • We acquired a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Smethwick and looking to do a vesting order. Is this something you can help us with?
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Smethwick and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Nottingham Building Society to release of equity. The broker handling the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1991 and since then the ground rent has been raised from £15.00 per year to £200 per annum.
  • My husband and I have a first floor flat in Smethwick with 64 years left. Ten months ago we were quoted a deal to receive a lease extension for another 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 move forward but do we now have to start the negotiations again?
  • My nephew has a share of freehold, with two other leaseholders in a building in Smethwick. House split into three flats. He has a lease, which has slightly more than seventy six years left. How much would it cost for a lease extension and how many years would he need to extend by?
  • Coming up to two years that I have owned my garden flat in Smethwick. I have seventy eight yrs outstanding on the lease. I am now wanting to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 445k. 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: Is there a benefit in getting a Smethwick based conveyancing practitioners or any will do fine?
  • Although I do not need a lease extension but I do need 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'm intent on buying an apartment in Smethwick valued at £210,000 the flat has something like sixety seven years unexpired on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, expecting I'd be in by now. They have just come back saying that they are prepared to knock £3k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • I have a lease of 67 years remaining on my flat in Smethwick. 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?
  • Other Topics

    Lease Extensions in Smethwick

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