Frequently asked questions relating to Berwick Upon Tweed Lease Extensions

  • I have just completed on a three bed conversion flat located inBerwick Upon Tweed and I'm thinking about a lease extension as soon as I can e.g. in a couple of years
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Berwick Upon Tweed, and my lease will reach 61 years this February. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the LVT court?
  • I plan on buying a flat in Berwick Upon Tweed. The offer is conditional upon a lease extension. The seller’s has served the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Britannia. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm looking for an apartment to buy in Berwick Upon Tweed and I'm not really familiar with the leasehold tenure. I've identified a one bed flat I like with a 90 years lease. I've read that I can get a lease extension having owned the property for a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am about to view a one bedroom flat, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 60 years residual lease term on the lease. It is also a repossession so I'm guessing that the lender will not be interested in extending the lease. My main concern is would it be difficult to sell on without a lease extension?
  • I am a FTB of a leasehold flat in Berwick Upon Tweed. The lease has just 64 years left and ground rent is £95. Is it possible for the seller to serve the Notice of Claim and then transfer this right to me as the purchaser on the day of completion so that I don't have to wait for the two year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time consuming to the current owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how does it work.
  • Regarding a property in Berwick Upon Tweed. GFF maisonette. sixety three yrs left. I have negotiated a lease extension price of £20k for 125yrs. Landlord also requested Section 42 Notice which I think is a bit over the top. Advice required.
  • I own a share of the freehold. There are four flats in the block. All the leaseholders are now requiring lease extensions. Are you able to assist us with this situation?
  • My OH and I have owned a leasehold flat for approximately twenty years. There are 72 years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to LVT and would welcome some independent thoughts.
  • We have a ground floor flat in Berwick Upon Tweed with a lease of fivety nine years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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