Frequently asked questions relating to Telford Lease Extensions

  • Me and my husband are looking for lease extension for our garden flat based in Telford and we don't fully comprehend the letter that we got from our landlord company. Are you willing to assist us with this situation?
  • My name´s Kian. I’m house hunting in Telford I'm seeing a garden flat online, with slightly less seventy three years remaining, how much does it cost on average to get a lease extension by, say, twenty years?
  • I have an interest in the freehold of buildings comprising of seven flats each. 2 of the leaseholders want a lease extension and I'm curious about the procedure for this
  • I am looking at investing in a holiday home but it has a lease that expires in twenty years. Its in Telford - I wanted to see if with your services this could be extended?
  • I am looking for a conveyancers in Telford and they should be on the Skipton Building Society approved conveyancers panel as we need a lease extension and remortgage simultaneously. Can you recommend a lawyers ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Telford, and my lease will reach 62 years this May. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • My wife and I have a leasehold flat in Telford with seventy eight years left. Last year we were quoted a deal to receive a lease extension for a further thirty years but also uplift the ground rent from nominal to a little more..plus a premium I think of about 10k. We have now decided to move forward but do we now have to renegotiate?
  • We currently own a garden flat in Telford and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 61 years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I am currently negotiating a lease extension for my flat in Telford 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?
  • I have a lease of sixety eight years remaining on my flat in Telford. 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?
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    Lease Extensions in Telford

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