Frequently asked questions relating to Sutton Coldfield Lease Extensions

  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years residual lease term 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 twenty years without owning the property. Any information would be much appreciated.
  • Do you only do lease extensions in Sutton Coldfield? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • We are in a building comprising five flats in Sutton Coldfield and have been offered to buy the freehold for 7k 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?
  • Last year I purchased a leasehold flat in Sutton Coldfield. I have built a large extension and have not informed my freeholder. What are my options?
  • I will soon view a one bedroom flat, although not exactly my ideal property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety seven years left on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • My flat in Sutton Coldfield is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want to extend the lease. What will it likely cost to get a lease extension by, say,fifty years
  • I own a share of the freehold. There are four apartments in the house. All the leaseholders are now looking for lease extensions. What's your legal fee?
  • We would like to extend our lease. We will have been in the property for 2 years as of 22nd April 2016. It has nearly 70 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I am looking to buy a one bed flat in Sutton Coldfield for asking price of 156k, which has sixety three years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I note that your website states the likely fee for dealing with a lease extension is £495. Is that the total cost excluding vat and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my ground floor flat in Sutton Coldfield

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