Examples of recent questions relating to Lease Extensions in Four Oaks

  • Me and my wife are looking for lease extension for our leasehold house located in Four Oaks and we don't fully comprehend the communication that we received from our landlord company. How long will it take?
  • I own a garden flat in Four Oaks. The lease started in 1991 for 99 years. Now I am wanting to extend the lease. I am unclear about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am going to purchase a flat located in Four Oaks. The offer is conditional upon a lease extension. The owner’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Bank of Scotland. Moreover, which are the following lease extension steps to complete the purchase?
  • The terms for the lease on my apartment in Four Oaks are 95 years from 14 Sep 1990. Please provide me a quote to extend the lease if I give you more details please?
  • I am looking into the costs of carrying out a lease extension for my garden flat in Four Oaks, and would like some figures on that.
  • I am looking to either purchase the freehold or a lease extension of my property in Four Oaks and have been in touch with the freeholder, have had quote for around £4k to extend the lease. I plan to simultaneously get a new mortgage with Platform Home Loans Ltd to free up equity. My adviser handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease commenced in 1979 and since then the ground rent has increased from £15.00 per year to £300 per annum.
  • I will soon view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has 74 years residual lease term on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • Me and my wife are in the throws of buying a property (a studio flat inFour Oaks with share of freehold). Throughout our search, we were always looking at apartments that had at least eighty five years left on the lease. We found a place we liked and the selling agent promised us that the lease was long albeit not specifying a number. Yesterday our informed us the lease only has 54 years and thus needs a lease extension. Should we run away, or should we negotiate our offer?
  • We have a garden flat in Four Oaks with a lease of sixety four years left with a value of around £410000 we want to add 90 years to it, how much is that likely to cost?

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