Top Ten Questions relating to Oakleigh Park Lease Extensions

  • I want to purchase a leasehold property and lease extension. The seller has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I have been in touch with my freeholder for a lease extension for my flat in Oakleigh Park. His conveyancing practitioners has been in contact with fees etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started October 1993.
  • I'm planning on purchasing a ground floor flat (leasehold) but the freeholder has been missing for around 15yrs. I wonder whether it will be less expensive to try to purchase the freehold or to get a lease extension and apply for right to manage?
  • I am looking to either purchase the freehold or a lease extension of my property in Oakleigh Park and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Skipton Building Society to release of equity. The adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1981 and since then the ground rent has increased from £15.00 per annum to £200 per year.
  • We have a leasehold flat in Oakleigh Park with 78 years unexpired. Ten months ago we were quoted a deal to grant a lease extension for another thirty years but also increase ground rent from notional to £250 per annum..plus a premium I think of approximately 14k. We have now decided to move forward but do we now have to start the negotiations again?
  • We wish to extend our lease having owned the property for 2 years as of 1st April 2016. It has around 70 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as is reasonably achievable.
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I set the ball rolling, is this correct?
  • Just been over 2 years that I have owned my garden flat in Oakleigh Park. I have fivety nine years unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Oakleigh Park based conveyancers or any will do fine?
  • Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Oakleigh Park for a two bed flat - sec 42 having been issued?
  • I'm hoping for some assistance with regard to a lease extension on my flat. I'll be looking to do this next June as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. You are able to recommend a good conveyancers with expertise in lease extensions. Ideally someone in Oakleigh Park area?

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