Top Ten Questions relating to Deddington Lease Extensions

  • I need to extend my existing lease can you assist? I think it has 76 years remaining
  • I'm about to make an offer on a house in Deddington 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 Virgin Money giving us the mortgage now?
  • I am looking for a in Deddington and they need to be on the Aldermore approved conveyancers panel as we need a lease extension and remortgage at the same time. Can you recommend a ?
  • 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?
  • I own a one bedroom apartment in Deddington. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am a first time buyer of a leasehold flat in Deddington. The lease has only seventy five years residual lease term and ground rent is £50. Is it possible for the flat owner to serve the Notice of Claim and then transfer over the right to me as the buyer once I complete the buying process so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time costly to the vendor? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
  • I am a landlord of a block of flats in Deddington, and the lessees are in the process of being given lease extensions. I anticipate receiving the money next week. Are there any tax implications, the property is in joint names with my husband ?
  • I am seeking advice as I am interested in a property that has only a 61 year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • I am planning on refinancing my ground floor flat in Deddington and the next lender that I am looking to move to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. We currently have around 63 years on the leasehold so require some advice, guidance, and some quotes to start the lease extension process

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