Oswestry Lease Extensions: Q and A’s

  • 35k agreed with the freeholder, just seeking to find a Oswestry lawyers for a lease extension. Our lease has slightly more sixety six yrsoutstanding. How long will this take ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I would like to have my residential flat leasehold extension premium valued. The flat is in Oswestry, and my lease will reach 58 years this Septembmer. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I invested in buying a two bedroom first floor purpose built flat in Oswestry. The start date for the lease was in 1997 for 99 years. Now I am looking for a lease extension. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • We are in a building made up four flats in Oswestry and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I'm looking for a flat to purchase in Oswestry and I'm not really familiar with the leasehold title. I've identified a place I like with a 91 years lease. I've read that I can apply for a lease extension after 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?
  • Just been over 2 years that I have been in my ground floor flat in Oswestry. I have sixety two years unexpired lease on the lease. I am now wanting to purchase a share of freehold or extend my lease. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • Hi I am the freeholder title in a 2 bedroom flat in Oswestry. The leaseholder has a 79 year lease and would like to purchase another 90 years. She is offering me £27,000 but I am unsure if this is too low an offer
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in Oswestry for a one bed flat - section 42 having been issued?
  • Are you able to provide an estimate to extend my mother’s lease on a ground floor flat in Oswestry. She already has a figure from the freeholder for a lease extension but I am unclear whether it is too expensive.
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    Lease Extensions in Oswestry

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