Examples of recent questions relating to Lease Extensions in Strawberry Hill

  • I’m just looking for a three bed apartment to buy in the Strawberry Hill area and was enquiring how much would it cost to extend a lease? It has 78 years remaining...
  • 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?
  • We are in a building containing five flats in Strawberry Hill and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • The terms for the lease on my flat in Strawberry Hill are 99 years from 10 Feb 1988. Please provide me a quote to extend the lease if I give you more information please?
  • 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 father has a share of freehold, with two other leaseholders in a building in Strawberry Hill. House converted into three apartments. He has a lease, which has around seventy three yrs remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • Coming up to two years that I have been in my garden flat in Strawberry Hill. I have sixety two years left on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 450k. 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: I realize this will cost me 10k+, it is not easy to drop the cash (even if I may have savings) to cover it. What do most people do in terms of financing - do they add it to their existing mortgage or pay it out in cash?
  • Me and my partner are hoping to acquire a flat (a garden flat located inStrawberry Hill with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years remaining. We came across a apartment 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 78 years and therefore needs a lease extension. Should we run away, or do 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?
  • I have 76 years remaining on my lease of a ground floor flat in Strawberry Hill, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Strawberry Hill

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