Questions and Answers: Ollerton Lease Extensions

  • My name´s Oscar. I’m house hunting in Ollerton I'm deliberating offering on a studio flat online, with around fivety nine years left, how much does it cost on average to get a lease extension by, say, 25 years?
  • I own a flat in Ollerton with a leasehold unexpired nearon 54 years and need to extend it. Please can you advise me of the next stages
  • I have shares in the freehold of buildings comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm curious about the the process
  • Hi. I need a to have a look at my lease extension before it's formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small amendments.
  • I invested in buying a garden flat located in Ollerton with a leasehold unexpired of 74 years. I am curious about what it will cost me to extend my lease
  • I am about to put an offer in on a three bedroom ground floor purpose built flat in Ollerton 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 a FTB of a leasehold flat in Ollerton. The lease has just seventy nine years remaining and ground rent is £25. Is it possible for the flat owner to serve the Section 42 Notice and then assign over the right to me as the buyer on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the homeowner? Unfortunately the landlord is absent, so I am not sure how does it work.
  • I have my suspicions that my daughter might have had the wool pulled over her eyes. She put in an offer on a garden flat in Ollerton, where the lease is around seventy nine years but she was advised by the estate agents that the vendor had extended it to 125 years. She has now been advised the vendor was waiting for her to instruct conveyancers ahead of instigating the lease extension. Seems underhand, also it may take time to sort it all out. What do you think?
  • I an interested in finding out more about purchasing a leasehold residence. We plan to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Ollerton area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I have a lease of 79 years remaining on my flat in Ollerton. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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