Wednesbury Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Wednesbury
I have just completed on a two bedroom ground floor purpose built flat located inWednesbury and I'm deliberating extending the lease as soon as practicable e.g. in 24 months of ownership
I am looking at investing in a holiday home but it has a lease that expires in fifteen years. Its in Wednesbury - I wanted to see if with your services it is possible for this to be extended?
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'm planning on buying a ground floor flat (leasehold) but the freeholder has been missing for nearly 15yrs. I wonder whether it will be cheaper to try to acquire the reversionary title or to extend lease and apply for RTM?
I need to talk to you about an apartment in Wednesbury, I am considering buying at auction in the next few days. The flat has a short lease and I was wondering about what it would cost to get a lease extension and for your services.
I'm looking at acquiring a flat in Wednesbury valued at £195,000 the flat has approaching 58 years unexpired on the lease. My offer was subject to the lease being extended... .. that was back in August, expecting I'd have completed by Christmas. They have just informed the agent that they are prepared to knock £4k off if I deal with the lease extension myself. I'm not sure whether that's a good idea
We are buying a garden flat in Wednesbury which has share of freehold and a leasehold. The lease was starting to get low so the seller commenced extending the lease. The vendor 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 house buying process is for our conveyancers to do OS1 search on the lease. The concern 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 lease title number is not known. Is it right that we have to be patient until the lease extension has actually been registered before completing.?
I'm seeking some assistance concerning extending the lease on my maisonette. I'll be looking to do this next autumn 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 complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
I am currently negotiating a lease extension for my flat in Wednesbury 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?
I have a lease of 71 years remaining on my flat in Wednesbury. 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?