Lease Extensions in Four Oaks

Questions and Answers: Four Oaks Lease Extensions

My fiance and I have just completed on a maisonette inFour Oaks and I'm deliberating extending the lease as soon as possible e.g. in 24 months of ownership

I inherited a property in Four Oaks and it has slightly less than fivety eight years remaining. I'd like to extend the lease period

I own a maisonnette together with the freehold. The owners of the downstairs flat have asked for a lease extension what do I need to do?

We have a first floor flat in Four Oaks with 72 years remaining. Ten months ago we were quoted a deal to have a lease extension for another thirty years but also uplift the ground rent from notional to £200 per annum..plus a premium I think of approximately 16k. We have now decided to go ahead but do we now have to start the negotiations again?

I an interested in finding out more about purchasing a leasehold residence. We hope to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Four Oaks area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?

I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost including vat and the land registry fee? The premium has already been negotiated with the freeholder for the lease extension for my garden flat in Four Oaks

We are purchasing a one bedroom apartment in Four Oaks which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a pre-completion search on the lease. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must be patient until the lease extension has actually been registered before completing.?

I am currently negotiating a lease extension for my flat in Four Oaks 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?

I have a lease of fivety eight years remaining on my flat in Four Oaks. 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?

I'm looking for some advice with regard to a lease extension on my studio flat in Four Oaks. I'll be looking to do this sometime next year as we need to move at some point 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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