Examples of recent questions relating to Lease Extensions in Wem
I am looking for a lease extension on the lease on my studio flat in Wem which will have sixety two years left in August. What fees are applicable?
We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 899 years remaining so a lease extension is not an issue. 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 true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.
Hi. I need a to review my lease extension prior to it being formalised just to make sure there's nothing that I haven't seen - it's just a reissue with a few small amendments.
We are in a block made up five flats in Wem and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
I am thinking about acquiring an auction property and identified a studio flat in Wem. It has just 49 year lease..the vendor being mortgagees in possession will not want to mess around with seeking 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 getting a mortgage with Barnsley Building Society?
My dad has a share of freehold, with two other leaseholders in a building in Wem. House split into three apartments. He has a lease, which has approximately 62 yrs unexpired lease. 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?
I am the freeholder of a 1930’s property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 62 years. What are my next steps?
Even though I may not need a lease extension but I do require a vesting order on a property I want to buy in Wem. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
We currently own a ground floor flat in Wem 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 61 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? Do I contact the landlord first and will they be able to give me a cost?
Do you handle lease extensions on land? (a plot of land in Wem with 82yrs remaining)
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