Common questions relating to Walmley Lease Extensions

  • I own a leasehold flat in the Walmley area and was wondering whether I could obtain a lease extension. What are your processes and charges. There are 77 years left
  • I need to extend my current lease can you help me with that? I think it has seventy four years remaining
  • I am looking to buy a garden flat in Walmley with a lease of 74 years but unsure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • 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 am the registered owner of a maisonette in Walmley. I am looking for a lease extension on the property. It is around 80 years. I would just like to know what your charges are and how long the process takes.
  • I am a first time buyer of a leasehold flat in Walmley. The lease has only 71 years balance left and ground rent is £50. Is it possible for the current owner to serve the Notice of Claim and then assign over the right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the flat owner? Unfortunately it’s the case of an absent landlord, so I am not sure how does it work.
  • Regarding a leasehold in Walmley. GFF maisonette. seventy one yrs left. I have an agreed lease extension to £14k for 135yrs. Freeholder also insisted on Section 42 Notice which I think should not be necessary. Advice required.
  • I am the freeholder of a property in Walmley and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I am concerned about seeking a lease extension from tricky landlord. Even though the correct procedures were adhered to under the appropriate legislation, the freeholder still tried to charge ground rent of £250 doubling every twenty five years of the new term. Can you assist?
  • I have a lease of 72 years remaining on my flat in Walmley. 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 Walmley

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