Walham Green Lease Extension - Your Legal Fees Calculator
FAQs concerning Walham Green Lease Extensions
I am the owner of a maisonnette and the freehold reversion. The owners of the downstairs flat have asked to extend the lease what do I need to do?
I own a one bedroom apartment in Walham Green. The lease commenced in 1997 for 99 years. Now I am wanting for a lease extension. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
I plan on buying a flat in Walham Green. My offer is conditional upon a lease extension. The flat owner’s conveyancers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Birmingham Midshires. Moreover, which are the following lease extension steps to complete the purchase?
The intention is to sell our GFF in Walham Green but we may need to extend the lease, or possibly cover the expense of our buyers. Are you able to suggest a conveyancers to assist?
I am deliberating whether to purchase the freehold or a lease extension of my property in Walham Green and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I will be doing a refinance with Aldermore to release of equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for the freehold purchase .The lease commenced in 1972 and since then the ground rent has been raised from £38.00 per annum to £100 per annum.
In 2010 I purchased a leasehold flat in Walham Green. I have built a large extension and have not informed my leaseholder. What should I do?
I own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around sixety nine years. I need a solicitors at my end. Can you advise please? I live near Walham Green and have a mortgage with Godiva Mortgages Ltd.
Me and my sister are acquiring a two bedroom ground floor purpose built flat in Walham Green which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our solicitors to do a "priority search" on the lease. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must wait pending registration of the new lease?
Are you able to provide an estimate to extend my aunt’s lease on a one bed flat in Walham Green. She recently got a price from the landlord for a lease extension but I am unclear whether it is reasonable.
I am currently negotiating a lease extension for my flat in Walham Green 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?