Bromham Lease Extensions: Q and A’s

  • I’m just looking for a three bedroom ground floor purpose built maisonette to buy in the Bromham area and was wondering how much would it cost to extend a lease? It has sixety six years unexpired...
  • My partner has an apartment located in Bromham which we are about to put on the market. The leasehold has around 57 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I'm about to make an offer on a house in Bromham but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Coventry Building Society giving us the mortgage now?
  • 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 valued. The flat is in Bromham, and my lease will reach 60 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?
  • What will I need to spend and what is the best way to start the lease extension process? I have about sixety two years unexpired lease on my lease on a three bedroom ground floor purpose built maisonette in Bromham. I have emailed the agent who act on behalf of the landlord and they gave me the number for the surveyor. I have contacted the surveyor but I am not getting any calls back.
  • My mortgage provider is requesting several hundred pounds for their for a "deed of substituted security" for the lease extension for my flat in Bromham... I am unable to find any reference of this in my mortgage literature... is this a usual cost that they charge?
  • I own a share of the freehold. There are three apartments in the block. All the leaseholders are now seeking lease extensions. What are the timescales to grant a lease extension?
  • I am the freeholder of a property in Bromham where the leaseholder has requested a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 at the drop of a hat. My valuer has suggested a much higher premium. Negotiations have broken down so it looks at though we need to go to LVT. If a lease extension does go to tribunal, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to face?
  • We are worried about getting a lease extension from a difficult landlord. Notwithstanding that the correct procedures were followed under the appropriate legislation, the landlord still attempted to charge ground rent of £200 increasing by 100% every twenty years of the new lease. Can you assist?

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