Lease Extensions in Sonning Common

Sonning Common Lease Extensions: Q and A’s

I have an interest in the freehold of buildings comprising of seven flats each. Two of the leasehold owners want to extend their leases and I'm wondering about the procedure for this

I need to negotiate a lease extension for a flat in Sonning Common and want to use a local . Are you able to help me find a ?

I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has 61 years left.

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 am considering whether to purchase the freehold or a lease extension of my property in Sonning Common and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Britannia to release of equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease started in 1972 and since then the ground rent has been raised from £38.00 per annum to £300 per annum.

We would like to know the cost of a lease extension valuation for a property based in Sonning Common. Would you be able to help?

I require an estimate to extend my mother’s lease on a ground floor flat in Sonning Common. She already has a price from the landlord for a lease extension but I am far from certain if it is too expensive.

I am planning on remortgaging my maisonette in Sonning Common and the next lender that I am looking to switch to needs a minimum 80 years on the leasehold of my property in order for them to progress matters. I have discovered that I currently have around 54 years on the leasehold so require some help, guidance, and some quotes to start the lease extension process

I am currently negotiating a lease extension for my flat in Sonning Common as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

I'm looking for some advice with regard to a lease extension on my maisonette in Sonning Common. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good who specialises in lease extensions?

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