Top Ten Questions relating to Wem Lease Extensions
I need to negotiate a lease extension for a flat in Wem and want to use a local conveyancing practitioners. Is there a lawyers that you can recommend?
I am looking for a rough estimate of what a lease extension will cost for a flat I intend to buy. It has seventy years residual lease term.
We have seen a house for sale for £185,000 and we are very interested but we've just discovered that it is leasehold. There are 928 years balance left so a lease extension is not a concern. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without owning the property. Any guidance would be much appreciated.
We hope to sell our studio flat in Wem but we may need to extend the lease, or possibly cover the expense of our buyers. Can you help me find someone to undertake the legal formalities?
Is it possible to talk with you about a flat in Wem, I am considering bidding at auction next month. The flat only has a few years outstanding and I wanted to inquire about how much it would cost to get a lease extension and for your services.
My husband and I have owned a leasehold flat for around twenty years. There are 60 years unexpired lease on the lease. After a year of difficult negotiations through my conveyancers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
I own the freehold to two flats. Someone has the lease on the lower flat in Wem. I reside in the top flat. I was reviewing the land registry documents yesterday when I noticed that my flat has a lease on it. There is 67 years remaining. Can one do a lease extension without using a lawyers?
I'm hoping for some advice with regard to a lease extension on my maisonette. The intention is to do this sometime next year as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good solicitors with expertise in lease extensions. Ideally based in Wem?
Do you handle lease extensions on land? (a plot of land in Wem with 82yrs remaining)