Top Ten Questions relating to Olney Lease Extensions

  • I am fairly sure that our lawyers has advised us incorrectly concerning a lease extension and I want to know how to go about making a formal complaint
  • My partner has an apartment located in Olney which we have just put on the market. The leasehold has nearon fivety nine years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I am the owner of a maisonnette together with the freehold. The owners of the upstairs flat have asked to extend the lease what do I need to do?
  • I have contacted my freeholder to extend my lease for my flat in Olney. His conveyancers has been in contact regarding charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started March 1984.
  • I'm looking for a flat to buy in Olney and I'm not really familiar with the leasehold concept. I've found a one bed flat I like with a 90 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
  • I am a FTB of a leasehold flat in Olney. The lease has only 55 years outstanding and ground rent is £95. Is it possible for the owner to serve the Section 42 Notice and then assign this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 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 owner? Unfortunately it’s the case of an missing freeholder, so I am not sure how this will play out.
  • I own a share of the freehold. There are four apartments in the building. All the leaseholders are now requiring lease extensions. What's your solicitors fee?
  • I am the freeholder of a Edwardian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 60 years. What are my next steps?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the HMLR fee? The premium has already been agreed with the freeholder for the lease extension for my three bedroom second floor purpose built maisonette in Olney
  • I own the freehold reversion of a property in Olney and a leaseholder would like a lease extension. Her so called valuation expert has provided a figure of £9,000, but has upped this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to LVT. If a lease extension does go to a FTT, can I handle the matter myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
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    Lease Extensions in Olney

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