Much Wenlock Lease Extensions: Q and A’s

  • I acquired a garden flat in Much Wenlock that I am now unable to sell due to the lease needing a lease extension. What's your legal fee ?
  • Hi, I am looking somewhere around or in Much Wenlock 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I plan on buying a flat in Much Wenlock. The offer is subject to the lease extension. The homeowner’s property lawyers has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • We are selling our garden flat in Much Wenlock but we may need a lease extension, or possibly cover the costs of our purchaser. Can you help me find someone to undertake the legal formalities?
  • I am looking to either purchase the freehold or a lease extension of my property in Much Wenlock and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously remortgage with The Mortgage Works to release of equity. The adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease started in 1981 and since then the ground rent has been raised from £25.00 per annum to £200 per year.
  • I wondered if you could help me on the likely financials and the optimum way to start the lease extension process? I have nearly 56 years left and I own a one bedroom first floor purpose built maisonette in Much Wenlock.
  • Regarding a leasehold in Much Wenlock. GFF maisonette. sixety seven yrs left. I have an agreed lease extension to £12,000 for 125yrs. Landlord also insisted on Notice of Claim which I think is a tad over the top. Advice required.
  • We are considering buying a one bedroom first floor purpose built maisonette in Much Wenlock which is a leasehold. I am wondering what are the pros and cons of that - what happens when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from extending the lease?
  • We currently own a ground floor flat in Much Wenlock and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy one years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Much Wenlock

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