Questions and Answers: Tunstall Lease Extensions

  • My fiance and I are thinking about a lease extension for our flat based in Tunstall and we don't fully understand the communication that we got from our landlord company. Can you please help us with this situation?
  • I bought a property in Tunstall and it has nearon 57 years remaining. I'd like to arrange a lease extension by twenty years
  • I'm planning on purchasing a 2 bed flat (leasehold) but the freeholder has been absent for slightly less than 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to extend lease and apply for right to manage?
  • Is it possible to talk with you about a leasehold property in Tunstall, I am considering buying at auction next month. The flat only has a few years left and I am curious about what it would cost to get a lease extension and for your services.
  • My mortgage provider is requesting a £450 fee for their conveyancing practitioners to approve the lease extension deed for my flat in Tunstall... I can find no reference of this in my mortgage literature... is this a standard charge?
  • I am looking at bidding for an auction property and found a one bed flat in Tunstall. It has just 41 year lease..the vendor as mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Britannia?
  • Coming up to 2 years that I have owned my studio flat in Tunstall. I have sixety years unexpired lease on the lease. I am now looking either to purchase a share of freehold or extend my lease. 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 lawyers about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Tunstall for a one bed flat - sec 42 is already in place?
  • My wife and I are worried about seeking a lease extension from a difficult freeholder. Regardless of the fact that the legal procedures were followed under the appropriate legislation, the landlord still attempted to get ground rent of £200 doubling every 25 years of the new lease. Can you help?
  • We know that others in the same building had already had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on previous prices . This would save on double valuation charges. Would you recommend such a course of action?
  • Other Topics

    Lease Extensions in Tunstall

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