Wednesbury Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in Wednesbury
So this is the scenario: I own a garden flat in Wednesbury that I am now unable to sell as a result of the lease needing a lease extension. Are you able to help me with this situation ?
I'm thinking of purchasing a garden flat (leasehold) but the freeholder has been absent for circa 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to extend lease and apply for right to manage?
I have my suspicions that my niece is being hoodwinked. She put in an offer on a garden flat in Wednesbury, where the lease is slightly more fivety six years but she was told by the estate agents that the flat owner had extended it to 99 years. She has now been informed the homeowner was waiting for her to appoint lawyers prior to commencing with the lease extension. Seems devious, also it will take months to sort it all out. Am I reading too much into it?
We would like to extend our lease. We will have been in the flat for two years as of 11th March 2015. It has nearon 64 years remaining currently. Hoping to get a lease extension with a further 90 years as expeditiously and stress free as possible.
Offer accepted on a a garden 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 sent through which states the lease as 82 years.We are soon to exchange contracts within a week. My question is Is it not odd that my conveyancing practitioners didn't pick this up far earlier than just before exchange?
I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
I an interested in finding out more about purchasing a leasehold residence. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Wednesbury area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
I'm living at mum and dad but have a maisonette in Wednesbury let out which has a sixety three 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 Wednesbury 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?
We are buying a three bedroom second floor purpose built maisonette in Wednesbury which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of dealing with a lease extension. The seller’s lawyer 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 conveyancing process is for our property lawyers to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it right that we must hold on until the lease extension has actually been registered before completing.?
We have a garden flat in Wednesbury with a lease of 73 years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?