FAQs concerning East Oxford Lease Extensions

  • Hi, I am looking somewhere around or in East Oxford 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any suggestions would be much appreciated.
  • I own a maisonnette together with the freehold reversion. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • In 2010 I purchased a leasehold apartment in East Oxford. I have built a huge extension and have not informed the leaseholder. What are my options?
  • I am a FTB of a leasehold flat in East Oxford. The lease has only 71 years residual lease term and ground rent is £75. Is it possible for the current owner to serve the Notice of Claim and then assign over the right to me as the buyer once I complete the buying process so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the homeowner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
  • Me and my wife are considering buying a two bedroom ground floor purpose built maisonette in East Oxford which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from extending the lease?
  • We have been in discussion with our freeholder after having a valuation on our ground floor flat in East Oxford. We have a fivety seven year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • My brother and I are hoping to buy a flat (a one bed flat inEast Oxford with share of freehold). During our search, we were always looking at flats that had a minimum 83 years unexpired. We found a flat we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our told us the lease only has 60 years and thus requires a lease extension. Should we walk away, or do 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?
  • Are you able to provide an estimate to extend my aunt’s lease on a studio flat in East Oxford. She recently got a figure from the landlord for a lease extension but I am unclear whether it is too high.
  • I have a lease of 67 years remaining on my flat in East Oxford. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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