Lease Extensions in Banbury

Examples of recent questions relating to Lease Extensions in Banbury

Hi, I just randomly found this website. I'm looking for prices on what a lease extension will cost for a one bedroom apartment located in Banbury. It's up for sale at the moment but has roughly 64 years left on the lease

I acquired a property in Banbury and it has around 69 years remaining. I'd like to arrange a lease extension by twenty years

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

I'm planning to make an offer on a house in Banbury but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect TSB giving us the mortgage now?

I am looking into the costs of carrying out a lease extension for my GFF in Banbury, and would like some figures on that.

I wondered if you could help me on how much it would cost and the best way to get a lease extension started? I have circa 66 years unexpired lease and I own a garden flat in Banbury.

My son has a share of freehold, with two other leaseholders in a building in Banbury. House converted into three flats. He has a lease, which has approximately 75 yrs unexpired lease. How much would it cost for a lease extension and how many years would he need to extend by?

Just been over two years that I have owned my one bedroom first floor purpose built flat in Banbury. I have 59 years remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired the property for 350K, 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 goes to LVT)?

If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?

Me and my fiance are hoping to acquire a flat (a studio flat based inBanbury with share of freehold). During our search, we were always looking at flats that had at least 83 years residual lease term. We found a place we fell in love with and the estate agent assured that the lease was long albeit not specifying a number. Today our advised us the lease only has sixety nine years and therefore requires a lease extension. Should we run away, or do we reduce our offer?

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