FAQs concerning Harwell Lease Extensions

  • I am the registered owner of a flat in Harwell with a leasehold unexpired around seventy three years and need to extend it. Please can you advise me of the next stages
  • My partner has an apartment in Harwell which we have just put on the market. The leasehold has around 69 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Harwell, and my lease will reach sixety five years this November. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
  • My fiance and I are considering purchasing a three bed flat in Harwell which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • 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 would like some guidance on purchasing a leasehold residence. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Harwell area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • 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 fivety five years. I need a at my end. Can you advise please? I live near Harwell and have a mortgage with Bank of Ireland.
  • Coming up to 2 years that I have owned my ground floor flat in Harwell. I have seventy eight yrs remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I purchased the property for 320K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process drags to LVT)?
  • We have a three bed flat in Harwell with a lease of seventy one years left with a value of around £410000 we want to add 125 years to it, how much is that likely to cost?
  • I have a lease of 70 years remaining on my flat in Harwell. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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