Stourbridge Lease Extension - Your Legal Fees Calculator
Stourbridge Lease Extensions: Q and A’s
We are seeking a lease extension for our flat based in Stourbridge and we are confused by the communication that we got from our landlord company. How long will it take?
Me and my partner have just purchased a garden flat based inStourbridge and I'm deliberating a lease extension as soon as I can e.g. in a couple of years
I am considering investing in a second home but it has a lease that expires in twenty years. Its in Stourbridge - I wanted to see if with your services it is possible for this to be extended?
I want to buy a leasehold property and lease extension. The current owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
My neighbours and I are in a block containing three flats in Stourbridge and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
Is it possible to talk with you about a leasehold property in Stourbridge, I am thinking of buying at auction next week. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
I am looking to either purchase the freehold or a lease extension of my property in Stourbridge 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 Lloyds TSB Bank to release of equity. The broker dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright acquisition .The lease began in 1979 and since then the ground rent has increased from £38.00 per year to £300 per year.
Me and my OH had entered into a purchase of a ground floor flat in Stourbridge. I was informed that the lease had been extended (77 years remaining prior to extension). The sales particulars said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The flat owner supposedly has a quote but no money to extend as a result the homeowner wishes to exchange and use the my deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
I am hoping to extend the lease on my one bedroom apartment in Stourbridge I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
My and my partner know that others in the same building previously had a lease extension, and the landlord was reasonable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend this course of action?