Wem Lease Extensions Example Support Desk Enquiries
So this is the scenario: I invested in buying a 2 bed apartment in Wem that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
I am interested in getting a lease extension for a flat in Wem and want to use a local property lawyers. Is there a conveyancers that you can recommend?
I own a two bedroom first floor purpose built maisonette in Wem. The lease commenced in 1998 for 99 years. Now I am looking to extend the lease. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
I am about to view a one bedroom maisonette, although not exactly my ideal 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 seventy one years residual lease term on the lease. It is also a repossession so I'm guessing that the vendor will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
How much will I need to spend and what is the best way to start the lease extension process? I have around seventy three years left on my lease on a 2 bed flat in Wem. I have emailed the managing agents who act on behalf of the head landlord and they sent me the number of the surveyor. I left a phone message for the valuer but I am not receiving any returned calls.
I intend to buy a one bed flat in Wem for asking price of 156k, which has sixety nine years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
My conveyancing practitioners (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I would like some guidance on leasehold property buying. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Wem area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
Coming up to 2 years that I have owned my studio flat in Wem. I have sixety five yrs outstanding on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Wem based conveyancers or any will do fine?
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 Wem