Questions and Answers: Duxford Lease Extensions

  • I own a three bedroom ground floor purpose built flat based in Duxford with a leasehold unexpired of seventy six years. I am enquiring about how much I will need to spend to extend my lease
  • I am looking to purchase a studio flat in Duxford with a lease of fivety six years but unsure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I am looking into the costs of carrying out a lease extension for my three bed flat in Duxford, and would like some figures on that.
  • In 2012 I purchased a leasehold flat in Duxford. I have built a large extension and have not informed the freeholder. What should I do?
  • I am a first time buyer of a leasehold flat in Duxford. The lease has only 75 years left and ground rent is £25. Is it possible for the owner to serve the Notice of Claim and then assign over the right to me as the purchaser on the day of completion 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 consuming to the homeowner? To add to the complexity the landlord can not be found, so I am not sure how does it work.
  • I am looking for advice as I am interested in a property that has only a sixety nine year lease and therefore requires a lease extension. Can I call someone to discuss my options please?
  • I would like some guidance on leasehold property buying. We hope 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 Duxford area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • My brother and I would like to know the cost of a lease extension valuation for a property based in Duxford. Would you be able to help?
  • I own the freehold of a 2 bedroom flat in Duxford. The leaseholders have 67 years on a lease and wants to purchase another 90 years. The have offered me 22k. Is this around the right price?
  • I am currently negotiating a lease extension for my flat in Duxford as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Duxford

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