Questions and Answers: Church Stretton Lease Extensions

  • My wife has an apartment located in Church Stretton which we have just put on the market. The leasehold has around 76 years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Thank you.
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 928 years unexpired so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any help would be much appreciated.
  • The intention is to sell our garden flat in Church Stretton but we may need to extend the lease, or possibly cover the costs of our buyers. Can you suggest someone to handle this?
  • I will soon view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 78 years remaining on the lease. It is also a repossession so I'm guessing that the lender will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?
  • My partner and I are considering purchasing a 2 bed flat in Church Stretton which is a leasehold. I am wanting to weigh up the pros and cons 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 block me from extending the lease?
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am the freeholder of a 1930’s property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety one years. What are my next steps?
  • Even though I may not need a lease extension but I do require a vesting order on a property I want to purchase in Church Stretton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the rear garden.
  • We have been in discussion with our freeholder after having a valuation on our two bedroom ground floor purpose built maisonette in Church Stretton. We have a 67 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a conveyancing practitioners to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I have a flat in Church Stretton with sixety years left on the lease. I need a conveyancing practitioners to act for me to achieve a lease extension. Can you assist?
  • Other Topics

    Lease Extensions in Church Stretton

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