Walsall Lease Extensions

Sample questions relating to Walsall Lease Extensions

I’m thinking about a lease extension for our flat located in Walsall and we don't fully comprehend the letter that we received from our freehold company. What's your solicitors fee?

I purchased a one bedroom apartment located in Walsall with a leasehold unexpired of 74 years. I am curious about what I will need to spend to extend my lease

We hope to sell our one bed flat in Walsall but we may need to extend the lease, or possibly cover the costs of our purchaser. Are you able to recommend someone to help us?

Think I may have made an error, I am searching for a in Walsall who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?

I am thinking about whether to purchase the freehold or a lease extension of my property in Walsall and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Platform Home Loans Ltd to release of equity. My broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease began in 1972 and since then the ground rent has increased from £25.00 per year to £300 per annum.

I am concerned that my niece might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Walsall, where the lease is about fivety four years but she was advised by the selling agents that the current owner had extended it to 125 years. Only now has she been informed the vendor was holding off for her to instruct solicitors ahead of instigating the lease extension. Seems devious, also it may take months to sort it all out. Am I being too sceptical?

My father has a share of freehold, with two other leaseholders in a building in Walsall. House split into three apartments. He has a lease, which has approximately sixety yrs unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

We would like to know the cost of a lease extension valuation for a property based in Walsall. Is this something you can help us with?

We currently own a one bedroom apartment in Walsall 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 55 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the landlord first and will they be able to give me a cost?

I am currently negotiating a lease extension for my flat in Walsall 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?

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