Berkeley Lease Extensions

Top Ten Questions relating to Berkeley Lease Extensions

I’m about to offer on a a property to purchase in the Berkeley area and was wondering how much would it cost for a lease extension? It has sixety years left...

I want to purchase a leasehold property and extend the lease. The current owner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I have contacted my freeholder for a lease extension for my flat in Berkeley. His has been in contact with charges etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started April 1993.

I'm deliberating over purchasing a garden flat (leasehold) but the landlord has been absent for around 15yrs. My query is would it be less expensive to try to acquire the reversionary title or to get a lease extension and apply for right to manage?

I am looking to either purchase the freehold or a lease extension of my property in Berkeley and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously refinance with Halifax to free up equity. My adviser handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease started in 1981 and since then the ground rent has been raised from £38.00 per year to £300 per year.

How much will I need to spend and what is the best way to start the lease extension process? I have circa 54 years remaining on my lease on a studio flat in Berkeley. I have contacted the managing agents who act on behalf of the landlord and they provided me with the number of the valuer. I have contacted the valuer but I am not receiving any returned calls.

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 note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the land registry fee? The premium has already been agreed with the freeholder for the lease extension for my garden flat in Berkeley

I have a freehold of a three bedroom flat in Berkeley. The leaseholders have seventy three years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?

Are you able to provide an estimate to extend my mum’s lease on a garden flat in Berkeley. She already has a price from the landlord for a lease extension but I am not sure it is too expensive.

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