Questions and Answers: Great Wyrley Lease Extensions

  • So this is the scenario: I invested in buying a maisonette in Great Wyrley that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
  • Hi, I am looking somewhere around or in Great Wyrley 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • I want to buy a leasehold property and lease extension. The flat owner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • Possibly made an error, I am searching for a solicitors in Great Wyrley who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to assist me with?
  • I have my suspicions that my niece might be having the wool pulled over her eyes. She submitted an offer on a one bedroom second floor purpose built maisonette in Great Wyrley, where the lease is circa sixety seven years but she was told by the estate agents that the homeowner had extended it to 125 years. She has now been informed the flat owner was holding off for her to appoint lawyers ahead of instigating the lease extension. Seems unscrupulous, also it may take a while to sort it all out. Am I reading too much into it?
  • I am the freeholder of a Edwardian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 79 years. What are my next steps?
  • I am in need of some help with a lease extension. I live in Dublin but the property in question is based in Great Wyrley. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living with my mother and father but have a ground floor flat in Great Wyrley let out which has a 66 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 Great Wyrley 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 21k. Not sure sure whether to hold on or sell the flat?
  • I have a leasehold property in Great Wyrley with 61 years unexpired on the lease. I need a solicitors to act for me to get a lease extension. Can you help?
  • I am currently negotiating a lease extension for my flat in Great Wyrley 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?
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    Lease Extensions in Great Wyrley

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