Recently asked questions relating to Oakwood Lease Extensions

  • My partner has an apartment located in Oakwood which we have just put on the market. The leasehold has circa seventy six years left on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we get started on a lease extension? Thank you.
  • Do you only do lease extensions in Oakwood? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • I am looking into the costs of carrying out a lease extension for my one bedroom first floor purpose built flat in Oakwood, and would like some figures on that.
  • My leasehold flat in Oakwood is up for sale and I have a hopefully firm offer. There is 79 years unexpired on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,ninety years
  • I'm living at mum and dad but have a one bedroom apartment in Oakwood let out which has a seventy year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Oakwood for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • We have been in discussion with our freeholder after having a valuation on our maisonette in Oakwood. We have a sixety eight year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure that she is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • Hi I own the freehold title in a 3 bedroom flat in Oakwood. The leaseholder has a seventy year lease and would like to purchase an additional 125 years. He is offering me £18,000 but I am unsure if this is in the right ballpark
  • Me and my OH are hoping to buy a flat (a garden flat inOakwood with share of freehold). During our search, we were always looking at apartments that had at least eighty five years unexpired. We found a apartment we liked and the estate agent promised us that the lease was long albeit not specifying a number. This morning our advised us the lease only has 65 years and therefore needs a lease extension. Should we run away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • My brother is worried about obtaining a lease extension from tricky landlord. Even though the correct procedures were adhered to under the 1993 Act, the freeholder still tried to charge ground rent of £300 increasing by 100% every twenty years of the new lease. Can you assist?
  • We currently own a three bedroom ground floor purpose built maisonette in Oakwood and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety seven years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the landlord first and will they be able to give me a cost?

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