FAQs concerning Chipping Norton Lease Extensions

  • I acquired a flat in Chipping Norton with a leasehold unexpired around sixety two years and need a lease extension. Please can you advise me of the next steps
  • I'm intending to make an offer on a house in Chipping Norton 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 Coventry Building Society giving us the mortgage now?
  • Hi. I need someone to review my lease extension prior to it being formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor changes.
  • I own a one bedroom apartment in Chipping Norton. I am looking to extend lease on the property. It is nearon eighty years. I would just like to know what your charges are and how long the process takes.
  • My fiance and I are considering purchasing a ground floor flat in Chipping Norton which is a leasehold. I am wondering what are the pros and cons of that - what occurs when lease ends, how much it costs to extend it, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • My partner and I would like to know the cost of a lease extension valuation for a property based in Chipping Norton. Is this something you can help us with?
  • I'm living with my mum and dad but have a garden flat in Chipping Norton let out which has a seventy four 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 Chipping Norton 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 13k. Should I keep or sell the flat?
  • I'm looking at buying an apartment in Chipping Norton valued at £210,000 the flat has approximately 77 years remaining on the lease. My offer was conditional upon the lease being renewed... .. that was back in November, hoping I'd have completed before Christmas. They have just come back saying that they are prepared to knock £3k off if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • Just a quick question, how much does it cost for a lease extension on a residential property in Chipping Norton for a two bed flat - sec 42 is already in place?
  • Me and my sister are in the throws of buying a home (a one bedroom apartment located inChipping Norton with share of freehold). During our search, we were always looking at apartments that had at least ninety years outstanding. We identified a apartment we liked and the estate agent assured that the lease term was not an issue. Today our advised us the lease only has 76 years and therefore requires a lease extension. Do we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

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