Questions and Answers: Eynsham Lease Extensions

  • I’m just looking for a maisonette to buy in the Eynsham area and was wondering what the likely fees would be for a lease extension? It has 75 years remaining...
  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leasehold owners want to extend their leases and I'm wondering about the procedure for this
  • 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?
  • The intention is to sell our three bed flat in Eynsham but we may need a lease extension, or possibly cover the expense of our purchaser. Are you able to help me find a conveyancers to handle this?
  • I am a first time buyer of a leasehold flat in Eynsham. The lease has just seventy three years remaining and ground rent is £95. Is it possible for the seller to serve the Initial Notice and then assign over the right to me as the purchaser on the day of completion so that I can avoid waiting 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 consuming to the seller? To add to the complexity the landlord is absent, so I am not sure how this will play out.
  • Re a property in Eynsham. GFF maisonette. seventy four yrs unexpired. I have an agreed lease extension to £20k for 125yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Can you assist.
  • I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 55 years. What are my next steps?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Eynsham. The house is freehold but the garden is officially leasehold, Nine hundred and ninety nine year lease from 1854. Its the rear garden.
  • I have 76 years remaining on my lease of a ground floor flat in Eynsham, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
  • I am currently negotiating a lease extension for my flat in Eynsham 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 Eynsham

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