Caversham Heights Lease Extensions: Q and A’s

  • 35k agreed with the freeholder, just trying to find a Caversham Heights for a lease extension. Our flat has about sixety two yearsleft. How long will this take ?
  • I am looking to buy a ground floor flat in Caversham Heights with a lease of 73 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking into the costs of carrying out a lease extension for my studio flat in Caversham Heights, and would like some figures on that.
  • I would like to know how much it would charges and the best way to get a lease extension started? I have just under sixety two years unexpired lease and I own a maisonette in Caversham Heights.
  • I'm living with my mother and father but have a one bedroom apartment in Caversham Heights let out which has a fivety nine year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Caversham Heights for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • I own the freehold reversion of a property in Caversham Heights and a leaseholder has requested a lease extension. Her valuer has provided a figure of £9,000, but has increased this to £10,000 at the drop of a hat. My surveyor has suggested a much higher premium. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to a FTT, can I handle the matter myself, just equipped with the valuations I have? If not, what fee would I be likely to incur?
  • My and my husband know that others in the same building previously had a lease extension, and the freeholder was reasonable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on on the premiums paid by others . This would save on double valuation charges. Would you recommend such a course of action?
  • 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 Caversham Heights
  • We have a studio flat in Caversham Heights with a lease of sixety four years left with a value of around £290000 we want to add 125 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 Caversham Heights