Charlbury Lease Extensions

Charlbury Lease Extensions: Q and A’s

So this is the scenario: I purchased a garden flat in Charlbury that I am now unable to sell due to the lease needing a lease extension. What's your solicitors fee ?

I plan on buying a flat in Charlbury. The offer is conditional upon a lease extension. The seller’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender The Royal Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?

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

How much will it cost me and what is the best way to get a lease extension started? I have around fivety seven years remaining on my lease on a three bedroom ground floor purpose built maisonette in Charlbury. I have contacted the agent who represent the landlord and they provided me with the number of the valuer. I telephone the valuer but I am not getting any kind of reaction.

I own a share of the freehold. There are three apartments in the block. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?

I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around fivety six years. I need a at my end. Can you advise please? I live near Charlbury and have a mortgage with Lloyds TSB Bank.

I'm living at mother and father but have a garden flat in Charlbury let out which has a sixety year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Charlbury for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 19k. Not sure sure whether to hold on or sell the flat?

I do not need a lease extension but I do require a vesting order on a property I want to acquire in Charlbury. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1895. Its the rear garden.

If somebody owns a flat with a lease of under 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 doing it?

I'm looking for some help concerning extending the lease on my flat. I'll be looking to do this in nine months time as we have to move 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. You are able to recommend a good with expertise in lease extensions. Ideally based in Charlbury?

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