Caversham Heights Lease Extensions Example Support Desk Enquiries

  • My name´s Andrew. I’m flat hunting in Caversham Heights I'm deliberating offering on a one bedroom ground floor purpose built flat online, with nearon 74 years unexpired lease, how much does it cost on average to extend in this area by, say, twenty years?
  • I just completed on a property in Caversham Heights and it has roughly seventy one years left. I'd like to extend the lease period
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has sixety nine years unexpired.
  • I am concerned that my niece might be having the wool pulled over her eyes. She submitted an offer on a two bedroom first floor purpose built flat in Caversham Heights, where the lease is around 61 years but she was informed by the selling agents that the seller had extended it to 125 years. Only now has she been told the vendor was holding off for her to retain conveyancers before commencing with the lease extension. Sounds unscrupulous, also it will take time to sort it all out. What do you think?
  • My husband and I have a residential flat in Caversham Heights with seventy seven years unexpired. Last year we were quoted a deal to grant a lease extension for a further thirty years but also uplift the ground rent from notional to a little more..plus a premium I think of approximately 16k. Finally we have decided to go ahead but do we now have to renegotiate?
  • 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?
  • My partner and I are in the throws of buying a property (a garden flat based inCaversham Heights with share of freehold). During our search, we were always looking at flats that had at least ninety years left on the lease. We found a flat we fell in love with and the selling agent promised us that the lease term was not an issue. Yesterday our advised us the lease only has 76 years and thus requires a lease extension. Do we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • My colleague is aware that others in the same building had already had a lease extension, and the landlord was amenable. It therefore appears worth taking risk of not having formal valuation and base the initial offer on previous premiums paid . This would save on double valuation fees. Is this advisable?
  • I am planning on refinancing my 2 bed flat in Caversham Heights and the new lender that I am looking to move to requires at least 80 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around 76 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process
  • I have 61 years remaining on my lease of a ground floor flat in Caversham Heights, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable

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