Questions and Answers: Englefield Green Lease Extensions

  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has seventy three years left.
  • I am deliberating whether to purchase the freehold or a lease extension of my property in Englefield Green and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Nottingham Building Society to release of equity. The broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has been raised from £15.00 per annum to £300 per annum.
  • I'm looking for an apartment to buy in Englefield Green and I'm not really familiar with the leasehold title. I've found a place I like with a 87 years lease. My research reveals that I can get a lease extension having owned the property for a couple of years, but:- Is this a given?
  • Ref a residence in Englefield Green. lower maisonette. fivety nine yrs remaining. I have negotiated a lease extension price of £12,000 for 125yrs. Landlord also requested Initial Notice which I think is a bit over the top. Can you assist.
  • I own a purpose-built apartment based in a small development in Englefield Green. The leasehold interest in the flat on a 99 year lease which commenced from 11th January 1972 with a set ground rent of £15 per annum. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • My solicitors (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?
  • Although I do not need a lease extension but I do require a vesting order on a property I want to purchase in Englefield Green. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • We are purchasing a two bedroom first floor purpose built maisonette in Englefield Green which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our property lawyers to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to wait pending registration of the new lease?
  • I have 59 years remaining on my lease of a ground floor flat in Englefield Green, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • We have a one bedroom apartment in Englefield Green with a lease of seventy four years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Englefield Green

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