Questions and Answers: Wednesbury Lease Extensions

  • Hello, I just randomly found your website. I'm looking for prices on what a lease extension will cost for a garden flat located in Wednesbury. It's on the market at the moment but has circa 68 years of unexpired leasehold
  • Do you only handle lease extensions in Wednesbury? I own a flat in Abbey Wood with 90 years outstanding, I am looking for a quote from a solicitors.
  • What will it cost me and what is the best way to get a lease extension started? I have nearon fivety seven years unexpired lease on my lease on a garden flat in Wednesbury. I have called the managing agents who represent the freeholder and they provided me with the number of the valuer. I telephone the valuer but I am not receiving any kind of answer.
  • I am concerned that my niece is being hoodwinked. She put in an offer on a garden flat in Wednesbury, where the lease is roughly 67 years but she was informed by the estate agents that the owner had extended it to 99 years. She has now been informed the vendor was holding off for her to appoint conveyancers before commencing with the lease extension. Sounds unscrupulous, also it could take a while to sort it all out. What do you think?
  • Regarding a leasehold in Wednesbury. upper maisonette. 76 yrs remaining. I have negotiated a lease extension price of £14k for 125yrs. Freeholder also requested Notice of Claim which I think is a tad over the top. Can you assist.
  • Offer accepted on a a ground floor flat in Wednesbury, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 82 years.We are about to exchange contracts within a week. My question is Should I tell the current owner that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I intend to buy a one bed flat in Wednesbury for asking price of 156k, which has 78 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Coming up to 2 years that I have been in my garden flat in Wednesbury. I have 62 years remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my solicitors about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Wednesbury
  • Do you handle lease extensions on land? (a plot of land in Wednesbury with 82yrs remaining)
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    Lease Extensions in Wednesbury

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