FAQs concerning Woodhouse and Handsworth Lease Extensions

  • My name´s Callum. I’m flat hunting in Woodhouse and Handsworth I'm thinking about offering on a one bed flat online, with around 74 years left, how much does it cost on average to get a lease extension by, say, fifty years?
  • I bought a flat in Woodhouse and Handsworth with a leasehold unexpired approximately seventy eight years and need to extend it. Please can you clarify the next steps
  • I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Woodhouse and Handsworth - I wanted to see if with your services it is possible for this to be extended?
  • I'm planning to make an offer on a house in Woodhouse and Handsworth but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Britannia giving us the mortgage now?
  • My apartment in Woodhouse and Handsworth is up for sale and I have a hopefully firm offer. There is 79 years left on the lease and I want a lease extension. How much will it likely cost to extend in this area by, say,fifty years
  • I own a share of the freehold. There are five flats in the house. All the leaseholders are now requiring lease extensions. What's your legal fee?
  • My brother and I are considering purchasing a one bedroom ground floor purpose built flat in Woodhouse and Handsworth which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • I intend to buy a one bed flat in Woodhouse and Handsworth for asking price of 156k, which has 67 years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. 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?
  • I am currently negotiating a lease extension for my flat in Woodhouse and Handsworth 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?
  • Do you handle lease extensions on land? (a plot of land in Woodhouse and Handsworth with 82yrs remaining)
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    Lease Extensions in Woodhouse and Handsworth

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