Examples of recent questions relating to Lease Extensions in Shifnal

  • Me and my OH are thinking about a lease extension for our ground floor flat in Shifnal and we don't fully comprehend the letter that we got from our landlord company. Are you willing to assist us with this situation?
  • I'm planning to make an offer on a house in Shifnal but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Ireland giving us the mortgage now?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 67 years unexpired.
  • I'm deliberating over buying a ground floor flat (leasehold) but the freeholder has been missing for just under 15yrs. I wonder whether it will be less expensive to try to purchase the reversionary title or to extend lease and apply for right to manage?
  • I purchased a three bedroom ground floor purpose built flat in Shifnal. I am looking for a lease extension on the property. It is nearon eighty years. I would just like to know what your charges are and how long the process takes.
  • I will soon view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 69 years unexpired on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I am a FTB of a leasehold flat in Shifnal. The lease has just sixety three years unexpired and ground rent is £25. Is it possible for the homeowner to serve the Section 42 Notice and then transfer this right to me as the purchaser once I complete the buying process so that I don't have to wait for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the current owner? To add to the complexity it’s the case of an missing landlord, so I am not sure how does it work.
  • Just a quick one, how much are the legal fees for a lease extension on a residential property in Shifnal for a three bed flat - section 42 is already in place?
  • My brother and I are hoping to purchase a property (a studio flat based inShifnal with share of freehold). Throughout our search, we were always looking at properties that had at least ninety years unexpired. We identified a flat we fell in love with and the selling agent promised us that the lease term was not an issue. This morning our conveyancers informed us the lease only has 74 years and thus requires a lease extension. Do we run away, or should we reduce our offer?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Shifnal
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    Lease Extensions in Shifnal

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