Frequently asked questions relating to Walmley Lease Extensions

  • Hi, I just randomly found your website. I'm looking for prices on what it cost to extend a lease of a maisonette in Walmley. It's on sale at the moment but has slightly more than 63 years of unexpired leasehold
  • I am considering investing in a holiday home but it has a lease that expires in eighteen years. Its in Walmley - I wanted to see if with your services this could be extended?
  • I'm wanting to make an offer on a house in Walmley 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 Leeds Building Society giving us the mortgage now?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Walmley, and my lease will reach sixety nine years this November. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I plan on buying a flat in Walmley. The offer is conditional upon a lease extension. The current owner’s property lawyers has given to the freeholder the Notice of Claim. 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 The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • We invested in buying a leasehold with a freeholder who has not given us a counter-notice for a lease extension for our flat in Walmley and looking to do a vesting order. Is this something you can handle for us?
  • I am thinking about bidding for an auction property and identified a studio flat in Walmley. It has just 41 year lease..the vendor being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the disadvantages of this except for the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Lloyds TSB Bank?
  • I'm living at mother and father but have a one bedroom first floor purpose built maisonette in Walmley let out which has a sixety six year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Walmley for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?
  • I'm hoping for some help with regard to a lease extension on my flat. I'll be looking to do this in six months time as we must move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • Do you handle lease extensions on land? (a plot of land in Walmley with 82yrs remaining)
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    Lease Extensions in Walmley

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