Chipping Norton Lease Extensions: Q and A’s

  • My partner and I have just completed on a three bedroom second floor purpose built maisonette inChipping Norton and I'm considering extending the lease as soon as possible e.g. in a couple of years
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety six years unexpired.
  • Hello. I need someone to review my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a reissue with a few small changes.
  • I plan on buying a flat located in Chipping Norton. My offer is subject to the lease extension. The flat owner’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 Barclays Direct. Moreover, which are the following lease extension steps to complete the purchase?
  • I'm planning on buying a studio flat (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be cheaper to try to buy the freehold or to extend lease and apply for right to manage?
  • My mortgage provider requires a £450 fee for their for a "deed of substituted security" for the lease extension for my flat in Chipping Norton... I am unable to find any reference of this in my mortgage guide... is this a standard charge?
  • Offer accepted on a a one bedroom apartment in Chipping Norton, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as 85 years.We are about to exchange contracts in a couple of days. My query is why has this only just been brought to my attention by my ?
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?
  • I intend to buy a one bed flat in Chipping Norton for asking price of 145k, which has fivety four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • I have a leasehold property in Chipping Norton with 55 years left on the lease. I need a to help me get a lease extension. Can you help?

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