Oakham Lease Extensions

Sample questions relating to Oakham Lease Extensions

I own a flat in Oakham with a leasehold unexpired approximately seventy years and need a lease extension. Please can you advise me of the next stages

I am looking to purchase a garden flat in Oakham with a lease of 62 years but unsure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I am going to purchase a flat in Oakham. My offer is subject to the 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 Halifax. Moreover, which are the following lease extension steps to complete the purchase?

My co-lessees and I are in a block of three flats in Oakham and have been offered to buy the freehold for 8k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?

I am looking into the costs of carrying out a lease extension for my garden flat in Oakham, and would like some figures on that.

We acquired a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Oakham and looking to do a vesting order. Is this something you can do for us?

I am thinking about acquiring an auction property and found a one bed flat in Oakham. It has just fifty year lease..the seller being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the disadvantages of this other than the huge fee to extend the lease and decreased chance of getting a mortgage with Norwich and Peterborough Building Society?

We have owned a leasehold flat for about fifteen years. There are sixety eight years unexpired lease on the lease. Following a year of protracted negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.

I am currently negotiating a lease extension for my flat in Oakham 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 was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Oakham

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