Frequently asked questions relating to Banbury Lease Extensions

  • Do you only handle lease extensions in Banbury? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • Think I may have made a mistake, I am searching for a in Banbury who has Leasehold Tribunal expertise in relation to lease extensions. Are you able to assist me with?
  • How much will I need to spend and what is the best way to start the lease extension process? I have nearly fivety eight years outstanding on my lease on a one bedroom apartment in Banbury. I have emailed the agent who represent the head landlord and they provided me with the number of the valuer. I telephone the valuer but I am not receiving any calls back.
  • I am considering purchasing an auction property and found a studio flat in Banbury. It only has a 41 year lease..the vendor being mortgagees in possession dont want the aggravation of applying for a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and reduced chance of obtaining a mortgage with Bank of Scotland?
  • My fiance and I are considering buying a two bedroom first floor purpose built flat in Banbury which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease expires, how much it costs to extend it, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • My husband has a share of freehold, with two other leaseholders in a building in Banbury. House split into three flats. He has a lease, which has around 78 years remaining. How much would it cost for a lease extension and how many years would he need to extend by?
  • I am the freeholder of a Victorian property split into two flats. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety four years. What are my next steps?
  • I'm intent on acquiring a flat in Banbury at a price of £195,000 the flat has something like sixety five years remaining on the lease. I put in an offer subject to a lease extension... .. that was back in November, expecting I'd have moved in before Christmas. They have just informed the agent they'll reduce the price by£8k if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I am worried about getting a lease extension from a difficult landlord. Notwithstanding that the legal procedures were followed under the 1993 Act, the landlord still attempted to get ground rent of £300 increasing by 100% every twenty years of the new lease. Can you assist?
  • 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 Banbury

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