Faringdon Lease Extensions

Frequently asked questions relating to Faringdon Lease Extensions

I need to negotiate a lease extension for a flat in Faringdon and want to use a local . Are you able to help me find a ?

I am looking to buy a garden flat in Faringdon with a lease of 63 years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.

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 have been in touch with my freeholder for a lease extension for my flat in Faringdon. His has been in contact concerning charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started December 1994.

The intention is to sell our studio flat in Faringdon but we may need to extend the lease, or possibly cover the expense of our purchaser. Are you able to suggest a to undertake the legal formalities?

I am looking at purchasing an auction property and came upon a one bed flat in Faringdon. It has just fifty-one year lease..the seller being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the huge fee to extend the lease and decreased chance of obtaining a mortgage with National Westminster Bank?

My brother has a share of freehold, with two other leaseholders in a building in Faringdon. House divided into three flats. He has a lease, which has around sixety nine years unexpired lease. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?

I am the freeholder of a Georgian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 69 years. What are my next steps?

My brother and I would like to know the cost of a lease extension valuation for a property based in Faringdon. Is this something you can assist us with?

Me and my wife are hoping to buy a property (a ground floor flat located inFaringdon with share of freehold). During our search, we were always looking at apartments that had at least 84 years left. We found a apartment we liked and the estate agent promised us that the lease term was not an issue. Yesterday our told us the lease only has 59 years and therefore requires a lease extension. Should we run away, or do we reduce our offer?

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