Top Ten Questions relating to Bradmore Lease Extensions

  • I’ve just bought a garden flat located inBradmore and I'm thinking about a lease extension as soon as I can e.g. after two years
  • My name´s Nathaniel. I’m flat hunting in Bradmore I'm seeing a one bed flat online, with around 57 years left, how much will it likely cost to extend in this location by, say, twenty years?
  • I want to buy a leasehold property and extend the lease. The seller 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 a lease of seventy years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • 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 own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy eight years. I need a at my end. Can you advise please? I live near Bradmore and have a mortgage with Chelsea Building Society.
  • We know that others in the same block previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you suggest such a course of action?
  • I am currently negotiating a lease extension for my flat in Bradmore as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Bradmore
  • We have a garden flat in Bradmore with a lease of fivety six years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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