FAQs concerning Onslow Village Lease Extensions

  • I bought a flat in Onslow Village with a leasehold unexpired around seventy seven years and need a lease extension. Please can you clarify the next steps
  • I own a leasehold flat in the Onslow Village area and was curious if I could obtain a lease extension. What are your processes and charges. There are 59 years left
  • I'm about to make an offer on a house in Onslow Village but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Bank of Scotland giving us the mortgage now?
  • We own a leasehold with a landlord who has failed to give us a counter-notice for a lease extension for our flat in Onslow Village and looking to do a vesting order. Is this something you can help us with?
  • I am looking to either purchase the freehold or a lease extension of my property in Onslow Village and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously get a new mortgage with Bank of Ireland to release of equity. My adviser dealing with the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1979 and since then the ground rent has increased from £15.00 per annum to £100 per annum.
  • I have a leasehold apartment in Onslow Village. I have built a big extension and have not informed the freeholder. What should I do?
  • I am a FTB of a leasehold flat in Onslow Village. The lease has only 66 years outstanding and ground rent is £75. Is it possible for the flat owner to serve the Notice of Claim and then assign this right to me as the buyer 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 current owner? Unfortunately the landlord can not be found, so I am not sure how this will play out.
  • We are considering purchasing a three bed flat in Onslow Village which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and prevent me from having a lease extension?
  • Offer accepted on a a three bedroom second floor purpose built maisonette in Onslow Village, were told numerous times by the EA that the lease had over 100 years, we have just had our mortgage offer sent through which states the lease as eighty years.Contracts were due to be exchanged within a week. My query is Should I tell the vendor that I will only proceed with the purchase (at the same price) on the condition they carry out a lease extension?
  • I own the freehold reversion of a property in Onslow Village where the leaseholder would like a lease extension. Her so called valuation expert has suggested a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. Negotiations have broken down so it looks at though we need 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 charges would I be likely to face?
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    Lease Extensions in Onslow Village

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