Lease Extensions in Olney

Questions and Answers: Olney Lease Extensions

We agreed with the freeholder for a lease extension on our flat in Olney, 15k for a further 90yrs. What's your solicitors fee ?

I am looking for a lease extension on the lease on my ground floor flat in Olney which will have 71 years unexpired lease in June. What fees apply?

I have my suspicions that my daughter might be having the wool pulled over her eyes. She put in an offer on a garden flat in Olney, where the lease is circa 72 years but she was advised by the selling agents that the homeowner had extended it to 125 years. Only now has she been told the seller was waiting for her to instruct lawyers before commencing with the lease extension. Seems unscrupulous, also it could take months to sort it all out. What do you think?

I am looking to buy a one bed flat in Olney for asking price of 125k, which has seventy four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If the freeholder does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am looking for advice as I am interested in a property that has only a 67 year lease and therefore requires a lease extension. Is it possible for me to call someone to discuss my options please?

We have owned a leasehold flat for around fifteen years. There are seventy two years left on the lease. After a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate advice.

Coming up to two years that I have been in my 2 bed flat in Olney. I have 73 years left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?

We are acquiring a one bed flat in Olney which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the conveyancing process is for our to do a pre-completion search on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we must wait pending registration of the new lease?

Just a quick one, how much is the premium payable for a lease extension on a residential property in Olney for a two bed flat - section 42 is already in place?

We have a maisonette in Olney with a lease of 56 years left with a value of around £370000 we want to add 125 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 Olney