Lease Extensions in Church Stretton

Questions and Answers: Church Stretton Lease Extensions

I need to extend my existing lease can you help me with that? My investigation with the Land Registry reveal that it has 68 years outstanding

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 63 years left.

I'm planning on buying a studio flat (leasehold) but the freeholder has been absent for circa 15yrs. My query is would it be cheaper to try to purchase the freehold or to get a lease extension and apply for RTM?

I am concerned that my niece is being hoodwinked. She put in an offer on a ground floor flat in Church Stretton, where the lease is roughly 75 years but she was informed by the selling agents that the homeowner had extended it to 125 years. She has now been told the vendor was holding off for her to retain lawyers ahead of instigating the lease extension. Seems devious, also it will take months to sort it all out. Am I reading too much into it?

My flat in Church Stretton is up for sale and I have a hopefully firm offer. There is eighty one years unexpired on the lease and I want a lease extension. What will it likely cost to extend in this location by, say,twenty years

My son has a share of freehold, with two other leaseholders in a building in Church Stretton. House converted into three apartments. He has a lease, which has nearon sixety seven years outstanding. How much would it cost for a lease extension and how many years would he need to extend by?

Just been over 2 years that I have been in my garden flat in Church Stretton. I have seventy three yrs unexpired lease on the lease. I am now looking either to buy a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Church Stretton based or any will do fine?

Hi I am the freeholder reversion in a 2 bedroom flat in Church Stretton. The leaseholder has a 58 year lease and would like to purchase another 125 years. He is offering me £27,000 but I am unsure if this is too low an offer

My aunt knows that others in the same block had already had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of avoiding a formal survey and calculate the initial offer on previous prices . This would save on double valuation charges. Is this advisable?

I am planning on refinancing my three bedroom second floor purpose built maisonette in Church Stretton and the mortgage company that I am looking to switch to requires at least 80 years remaining on the lease in order for them to take the mortgage forward. I have discovered that I currently have around seventy seven years on the leasehold so looking for some advice, guidance, and some quotes to set the wheels in motion for a lease extension

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