Frequently asked questions relating to Oadby Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of six flats each. 2 of the leaseholders want to extend their leases and I'm curious about the the process
  • I want to acquire a leasehold property and lease extension. The homeowner has been there over 2 years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I am looking to either purchase the freehold or a lease extension of my property in Oadby and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with National Westminster Bank to release of equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease began in 1981 and since then the ground rent has increased from £25.00 per year to £125 per annum.
  • My mortgage lender is requesting several hundred pounds for their lawyers to agree a lease extension for my flat in Oadby... I am unable to find any mention of this in my mortgage literature... is this a standard cost that they charge?
  • My apartment in Oadby is up for sale and I have a hopefully firm offer. There is eighty one years left on the lease and I want a lease extension. What will it likely cost to get a lease extension by, say,twenty years
  • I have a flat in Oadby with seventy nine years remaining on the lease. I am looking for a conveyancers to act for me to obtain a lease extension. Can you help?
  • My wife and I are hoping to purchase a flat (a garden flat located inOadby with share of freehold). During our search, we were always looking at apartments that had at least eighty five years residual lease term. We came across a place we liked and the selling agent assured that the lease term was not an issue. Yesterday our lawyers informed us the lease only has sixety five years and therefore needs a lease extension. Should we run away, or do we reduce our offer?
  • I own the freehold of a couple of flats. Someone has the lease on the garden flat in Oadby. I occupy in the upper flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is sixety two years left. If I want a lease extension then would I simply be paying for the solicitors costs?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in Oadby
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Oadby
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    Lease Extensions in Oadby

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