FAQs concerning Headington Lease Extensions

  • I'm looking for an apartment to purchase in Headington and I'm not really familiar with the leasehold title. I've found a place I like with a 82 years lease. My research reveals that I can apply for a lease extension after 2 years, but:- Should I anticipate any issue with my proposed mortgage lender Nottingham Building Society?
  • Are you able to advise on the likely financials and the optimum way to get a lease extension started? I have approximately fivety eight years outstanding and I own a one bedroom apartment in Headington.
  • I have my suspicions that my niece might have had the wool pulled over her eyes. She submitted an offer on a garden flat in Headington, where the lease is around 68 years but she was advised by the estate agents that the flat owner had extended it to 125 years. Only now has she been informed the homeowner was waiting for her to appoint conveyancers prior to commencing with the lease extension. Sounds odd to me, also it will take a while to sort it all out. Am I being too sceptical?
  • I am a landlord of a block of flats in Headington, and the lessees are in the process of being given lease extensions. I should hopefully get the money next week. Are there any tax implications, the property is co-owned with my wife ?
  • We have a GFF based in Headington. There is 81 years to run on the lease and we want a lease extension. What will it likely cost to get a lease extension by, say,twenty years
  • My OH and I are proceeding with a purchase of a three bedroom first floor purpose built flat in Headington. I was advised by the EA that the lease extension had already been completed while on a viewing (seventy six years unexpired lease prior to extension). The sales particulars said "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The owner supposedly has a quote but no money to extend as a result the owner intends to exchange and use the my deposit for the lease extension. My question is why has this only just been brought to my attention by my property lawyers?
  • I am in need of a lease extension for my flat in Headington and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking to extend the lease on my ground floor flat in Headington I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the registered freeholder to two flats. Someone has the lease on the ground flat in Headington. I occupy in the upper flat. I was looking at the title deeds today when I noticed that my flat has a lease on it. There is 69 years outstanding. Is it possible to do a lease extension without retaining a conveyancers?
  • My nephew knows that others in the same block had already had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on previous premiums paid . This would save on double valuation fees. Would you recommend such a course of action?
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    Lease Extensions in Headington

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