Lease Extensions in Shawbury

Top Ten Questions relating to Shawbury Lease Extensions

My wife agreed with the freeholder for a lease extension on our flat in Shawbury, 7.5k for an extension by 90yrs. What's your solicitors fee ?

My name´s Hugo. I’m house hunting in Shawbury I'm seeing a one bedroom apartment online, with around seventy eight years unexpired lease, how much will it likely cost to get a lease extension by, say, 25 years?

I have shares in the freehold of buildings comprising of six flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the procedure for this

My partner has a flat located in Shawbury which we are about to put on the market. The leasehold has approximately fivety nine years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.

Hello. I need a to have a look at my lease extension prior to it being signed just to make sure there's nothing that I haven't seen - it's just a reissue with a few small amendments.

I am looking into the costs of carrying out a lease extension for my garden flat in Shawbury, and would like some figures on that.

I have my suspicions that my niece is being hoodwinked. She submitted an offer on a one bedroom apartment in Shawbury, where the lease is nearly sixety one years but she was informed by the estate agents that the homeowner had extended it to 99 years. Only now has she been informed the homeowner was waiting for her to instruct lawyers ahead of instigating the lease extension. Seems devious, also it may take a while to sort it all out. What do you think?

We currently own a garden flat in Shawbury 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 sixety eight years left. Not sure what to do, have read some bits on the web saying it will be 20k 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?

I am currently negotiating a lease extension for my flat in Shawbury 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?

I have a lease of 71 years remaining on my flat in Shawbury. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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