Crown Green Court
St Mary's Street
Worcester WR1 1HA

Are you buying a flat in Crown Green Court, Worcester? If so please read this and you may like to ask the vendor if the flat is on a 98 year (or shorter) lease or a 999 year lease. Why?

1) Short leasehold flats pay ground rent; those on 999 year leases do not pay ground rent at all.

2) Extending your lease to 999 years helps protect your investment, and it may make it easier to get a mortgage in future.

3) You will be helping the whole site of 18 flats become truly freehold.

Currently 11 flats have extended their leases to 999 years and the remaining 7 flats are still on the original leases dating from 1998 for a period of 125 years, so they have circa 98 years remaining.

Once the remaining 7 flats have extended, Crown Freehold Limited will gift the freehold to Crown Green Court Management Company Limited, so that the freehold will be owned by the 18 flat owners directly and the flats will be truly 'freehold'.

If you own a flat in Crown Green Court and you want to extend your lease to 999 years, please contact Crown Freehold Limited on the email address below. There is a charge for extending your freehold, calculated by industry standard methods, and you will be responsible for the freeholder's legal fees in effecting the lease extension.

Please see https://www.lease-advice.org/advice-guide/lease-extension-valuation for more information on this.

The freehold on Crown Green Court, Worcester is owned by Crown Freehold Limited.

Crown Freehold Limited
Kingsway House
40 Foregate Street
Worcester WR1 1EE UK

Email: info@crowngreencourt.co.uk