Berkeley Lease Extension - Your Legal Fees Calculator
Common questions relating to Berkeley Lease Extensions
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 own a maisonnette and the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?
I would like to have my residential flat leasehold extension premium valued. The flat is in Berkeley, and my lease will reach fivety six years this August. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
My wife and I have a ground floor flat in Berkeley with sixety three years unexpired. Ten months ago we were quoted a deal to grant a lease extension for another 25 years but also uplift the ground rent from nominal to a little more..plus a premium I think of approximately 9k. Finally we have decided to go ahead but do we now have to renegotiate?
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 an interested in finding out more about purchasing a leasehold residence. 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 Berkeley area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to rent out the property?
I am the freeholder of a Georgian property split into two flats. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 69 years. What are my next steps?
I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding vat and the land registry fee? The price has already been negotiated with the freeholder for the lease extension for my 2 bed flat in Berkeley
Me and my partner are are hoping to complete on a studio flat in Berkeley which has share of freehold and a leasehold. The lease was starting to get low so the vendor commenced dealing with a lease extension. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our lawyers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must be patient pending registration of the new lease?
My wife and I are aware that others in the same block previously had a lease extension, and the landlord was reasonable. It therefore appears worth taking risk of avoiding a formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation charges. Is this advisable?