Recently asked questions relating to Wem Lease Extensions
I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leasehold owners want a lease extension and I'm curious about the procedure for this
I invested in buying a property in Wem and it has slightly less than 78 years remaining. I'd like to extend the lease period
I own a leasehold flat in the Wem area and was curious if I could get a lease extension. What are your processes and fees. There are 74 years remaining
I am looking to purchase a garden flat in Wem with a lease of 54 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
We have a leasehold flat in Wem with 71 years to run. Ten months ago we were quoted a deal to receive a lease extension for a further fifty years but also uplift the ground rent from notional to £300 per annum..plus a premium I think of approximately 10k. We have now decided to proceed but do we now have to start the negotiations again?
I have a freehold of a 2 bedroom flat in Wem. The leaseholders have 56 years on a lease and wants to purchase another 90 years. The have offered me 25k. Is this around the right price?
Me and my fiance are hoping to purchase a property (a garden flat inWem with share of freehold). During our search, we were always looking at apartments that had at least ninety years remaining. We found a flat we liked and the estate agent assured that the lease was long albeit not specifying a number. Yesterday our solicitors informed us the lease only has 66 years and thus needs a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
I'm seeking some assistance 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. You are able to recommend a good solicitors with expertise in lease extensions. Preferably based in Wem?
Are you able to provide an estimate to extend my mother’s lease on a two bedroom first floor purpose built maisonette in Wem. She recently got a figure from the landlord for a lease extension but I am not sure it is reasonable.
We have a two bedroom second floor purpose built maisonette in Wem with a lease of seventy nine years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?