Lease Extensions in Abingdon

Top Ten Questions relating to Abingdon Lease Extensions

I’m just looking for a garden flat to purchase in the Abingdon area and was wondering what the likely fees would be for a lease extension? It has 58 years left...

I want to purchase a leasehold property and extend the lease. The owner has been there for three years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I am the owner of a maisonnette together with the freehold. My downstairs neighbours have asked to extend the lease what do I need to do?

I am a landlord of a block of flats in Abingdon, and the lessees are in the process of being issued lease extensions. I should hopefully get the money next week. As I am not on self assessment do I contact the tax man ?

I have a share of the freehold. There are four apartments in the house. All the leaseholders are now looking for lease extensions. Are you able to help us with this situation?

I am looking for advice as I am interested in a property that has only a sixety three year lease and therefore requires a lease extension. Can I call someone to go through my options please?

I have a flat in Abingdon with 71 years remaining on the lease. I need a to act for me to obtain a lease extension. Can you assist?

We are buying a 2 bed flat in Abingdon which has share of freehold and a leasehold. The lease was starting to get low so the seller is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must be patient until the lease extension has actually been registered before completing.?

Me and my fiance are hoping to acquire a property (a studio flat inAbingdon with share of freehold). Throughout our search, we were always looking at flats that had at least 83 years left. We found a place we fell in love with and the selling agent assured that the lease term was not an issue. This morning our told us the lease only has sixety eight years and therefore needs a lease extension. Do we run away, or should 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 am currently negotiating a lease extension for my flat in Abingdon 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?

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