Questions and Answers: Brackley Lease Extensions

  • We are looking for lease extension for our ground floor flat based in Brackley and we are confused by the communication that we received from our freehold company. How long will it take?
  • I invested in buying a flat in Brackley with a leasehold unexpired approximately seventy seven years and need a lease extension. Please can you clarify the next stages
  • 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?
  • The intention is to sell our GFF in Brackley but we may require a lease extension, or possibly cover the costs of our buyers. Are you able to suggest a to handle this?
  • I am concerned that my niece is being hoodwinked. She put in an offer on a three bedroom second floor purpose built maisonette in Brackley, where the lease is slightly more 68 years but she was informed by the estate agents that the vendor had extended it to 125 years. Only now has she been advised the flat owner was holding off for her to retain conveyancers ahead of instigating the lease extension. Seems underhand, also it will take time to sort it all out. What do you think?
  • My mortgage provider requires a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Brackley... I can find no reference of this in my mortgage contract... is this a usual cost that they charge?
  • Regarding a property in Brackley. lower maisonette. 74 yrs remaining. I have negotiated a lease extension price of £12,000 for 115yrs. Landlord also requested Initial Notice which I think should not be necessary. Can you assist.
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Brackley area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • My partner and I are hoping to buy a home (a three bedroom ground floor purpose built flat located inBrackley with share of freehold). During our search, we were always looking at flats that had at least 83 years unexpired. We found a apartment we liked and the selling agent assured that the lease term was not an issue. Today our informed us the lease only has 68 years and therefore needs a lease extension. Do we run away, or should we reduce our offer?
  • I'm looking for some advice with regard to a lease extension on my three bedroom ground floor purpose built maisonette in Brackley. 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?

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