Wem Lease Extensions Example Support Desk Enquiries
My name´s William. I’m property hunting in Wem I'm seeing a maisonette online, with roughly 59 years remaining, how much does it cost on average to get a lease extension by, say, 25 years?
I am going to purchase a flat based in Wem. My offer is conditional upon a lease extension. The flat owner’s has given to the freeholder 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 Coventry Building Society. Moreover, which are the following lease extension steps to complete the purchase?
Are you able to advise on the likely cost and the best way to get a lease extension started? I have roughly sixety seven years unexpired lease and I own a maisonette in Wem.
I am thinking about acquiring an auction property and identified a studio flat in Wem. It only has a fifty-one year lease..the vendor being mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Bank of Scotland?
Me and my fiance are considering buying a one bedroom apartment in Wem which is a leasehold. I am enquiring as to the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
I intend to buy a one bed flat in Wem for asking price of 156k, which has 69 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My brother has a share of freehold, with two other leaseholders in a building in Wem. House divided into three apartments. He has a lease, which has nearon 74 yrs outstanding. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
My brother and I would like to know the cost of a lease extension valuation for a property based in Wem. Is this something you can help us with?
It says on your website the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my one bedroom ground floor purpose built flat in Wem
I'm looking at purchasing a flat in Wem valued at £195,000 the flat has approaching 63 years remaining on the lease. I put in an offer subject to the lease being renewed... .. that was back in August, hoping I'd be in by now. They have just informed me they are willing to knock £5k off if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
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