Questions and Answers: Oakley Lease Extensions

  • I invested in buying a maisonette in Oakley that I am now unable to sell due to the lease needing a lease extension. Are you able to help me with this situation ?
  • Hello, I stumbled across your site. I'm seeking prices on what a lease extension will cost for a maisonette in Oakley. It's up for sale at the moment but has just under fivety eight years of unexpired leasehold
  • I am looking to extend the lease on my three bedroom second floor purpose built maisonette in Oakley which will have 76 years left in June. What fees apply?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I'm thinking of buying a three bed flat (leasehold) but the landlord has been missing for nearly 15yrs. I wonder whether it will be cheaper to try to buy the freehold or to get a lease extension and apply for RTM?
  • My flat in Oakley is up for sale and I have a hopefully firm offer. There is 82 years unexpired on the lease and I want to extend the lease. How much will it likely cost to extend in this area by, say,25 years
  • I own 60% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy seven years. I need a at my end. Can you advise please? I live near Oakley and have a mortgage with Bank of Scotland.
  • I am the freeholder of a property in Oakley where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £9,000, but has upped this by £2,000 without too much effort. My valuer has suggested a much higher figure. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to face?
  • Are you able to provide an estimate to extend my aunt’s lease on a garden flat in Oakley. She already has a figure from the landlord for a lease extension but I am not sure it is reasonable.
  • We have a maisonette in Oakley with a lease of seventy nine years left with a value of around £370000 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 Oakley