Common questions relating to Tamworth Lease Extensions

  • I am interested in getting a lease extension for a flat in Tamworth and want to use a local conveyancing practitioners. Is there a lawyers that you can recommend?
  • I'm about to make an offer on a house in Tamworth but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect HSBC Bank giving us the mortgage now?
  • I have a lease of 72 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • 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 own a three bed flat in Tamworth. The start date for the lease was in 1998 for 99 years. Now I am wanting to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • My neighbours and I are in a block consisting of four flats in Tamworth and have been offered to buy the freehold for £3,500 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?
  • I am concerned that my niece might be having the wool pulled over her eyes. She put in an offer on a garden flat in Tamworth, where the lease is roughly 62 years but she was told by the selling agents that the homeowner had extended it to 99 years. She has now been informed the owner was waiting for her to retain conveyancers before commencing with the lease extension. Seems unscrupulous, also it may take a while to sort it all out. Am I reading too much into it?
  • My husband and I have a residential flat in Tamworth with 77 years left. Ten months ago we were quoted a deal to have a lease extension for another fifty years but also uplift the ground rent from notional to £250 per year..plus a premium I think of approximately 16k. We have now decided to proceed but do we now have to start the negotiations again?
  • I have a flat in Tamworth with sixety seven years remaining on the lease. I am looking for a property lawyers to help me get a lease extension. Can you assist?
  • I am currently negotiating a lease extension for my flat in Tamworth as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Tamworth

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