Loxford Lease Extensions: Q and A’s

  • I am thinking about a lease extension for our two bed flat located in Loxford and we don't fully understand the letter that we received from our freehold company. Are you willing to help us with this situation?
  • We have just purchased a garden flat located inLoxford and I'm considering a lease extension as soon as possible e.g. in 24 months of ownership
  • I’m just looking for a a property to purchase in the Loxford area and was interested in finding out how much would it cost to extend a lease? It has seventy three years unexpired...
  • I invested in buying a property in Loxford and it has around fivety eight years unexpired. I'd like to extend the lease period
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has 56 years outstanding.
  • We inherited a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Loxford and looking to do a vesting order. Is this something you can handle for us?
  • I am about to view a two bedroom maisonette, 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 sixety years outstanding on the lease. It is also a repossession so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • I'm intent on purchasing an apartment in Loxford at a price of £256,000 the flat has approximately 78 years remaining on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in August, hoping I'd have completed before now. They have just informed me they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • I am currently negotiating a lease extension for my flat in Loxford 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?
  • We have a garden flat in Loxford with a lease of fivety six years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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