East Oxford Lease Extension - Your Legal Fees Calculator
Examples of recent questions relating to Lease Extensions in East Oxford
I’m about to offer on a studio flat to buy in the East Oxford area and was interested in finding out what the likely fees would be to extend a lease? It has 57 years outstanding...
I am fairly sure that our lawyers has advised us incorrectly concerning a lease extension and I would like to find out how to complain
I need to extend my current lease can you help me with that? I think it has seventy four years left
We hope to sell our ground floor flat in East Oxford but we may need a lease extension, or at least cover the expense of our purchaser. Can you suggest someone to undertake the legal formalities?
I'm looking for a flat to buy in East Oxford and I'm not really familiar with the leasehold concept. I've found a two bedroom first floor purpose built flat I like with a 87 years lease. My research reveals that I can go for a lease extension after 2 years, but:- Is this a given?
I am a first time buyer of a leasehold flat in East Oxford. The lease has just 59 years residual lease term and ground rent is £75. Is it possible for the homeowner to serve the Section 42 Notice and then assign this right to me as the buyer on the day of completion so that I don't have to wait for the 2 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 consuming to the vendor? Unfortunately the freeholder is absent, so I am not sure how does it work.
I have my suspicions that my niece might be having the wool pulled over her eyes. She put in an offer on a garden flat in East Oxford, where the lease is around seventy eight years but she was told by the selling agents that the owner had extended it to 125 years. Only now has she been informed the flat owner was waiting for her to instruct conveyancers ahead of instigating the lease extension. Sounds odd to me, also it will take time to sort it all out. Am I being too sceptical?
I am looking at bidding for an auction property and came upon a studio flat in East Oxford. It only has a 50 year lease..the current owner being mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this except for the huge fee to put a new lease on it and decreased chance of getting a mortgage with Lloyds TSB Bank?
I'm looking for some advice concerning extending the lease on my maisonette. The intention is to do this next June as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
I am currently negotiating a lease extension for my flat in East Oxford 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?