Recently asked questions relating to Bamber Bridge Lease Extensions

  • We agreed with the freeholder to a lease extension on our flat located in Bamber Bridge, 6k for an extension by 90yrs. Are you willing to guide us with this situation ?
  • I want to buy a leasehold property and lease extension. The owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Bamber Bridge, and my lease will reach seventy years this April. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I need to talk to you about an apartment in Bamber Bridge, I am thinking of buying at auction next week. The flat only has a few years outstanding and I am curious about what it would cost to get a lease extension and for your services.
  • I am considering whether to purchase the freehold or a lease extension of my property in Bamber Bridge and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Chelsea Building Society to release of equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease commenced in 1972 and since then the ground rent has increased from £15.00 per year to £200 per annum.
  • I own a share of the freehold. There are five flats in the building. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • My (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 am currently in the process of refinancing my one bedroom apartment in Bamber Bridge and the new lender that I am looking to move to requires at least 85 years on the leasehold of my property in order for them to progress matters. We currently have around 72 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my studio flat in Bamber Bridge

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Bamber Bridge