Frequently asked questions relating to Ottershaw Lease Extensions

  • Hi, I stumbled across this site. I'm looking for prices on what it cost to extend a lease of a ground floor flat located in Ottershaw. It's on sale at the moment but has around 70 years unexpired lease on the lease
  • I acquired a property in Ottershaw and it has about seventy six years balance left. I'd like to extend the lease period
  • I have a lease of sixety five years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • The terms for the lease on my apartment in Ottershaw are 99 years from 15 Feb 1989. Can you give me a quote for a lease extension if I give you more details please?
  • I'm looking for an apartment to purchase in Ottershaw and I'm not really familiar with the leasehold tenure. I've found a ground floor flat I like with a 82 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I anticipate any issue with the mortgage?
  • We have a ground floor flat in Ottershaw with sixety three years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further thirty years but also increase ground rent from nominal to £200 per annum..plus a premium I think of about 14k. We have now decided to proceed but do we now have to renegotiate?
  • We would like to extend our lease having owned the place for 2 years as of 6th May 2016. It has just under 72 years remaining currently. Hoping to get a lease extension by another 90 years as expeditiously and stress free as possible.
  • I am looking to buy a one bed flat in Ottershaw for asking price of 125k, which has 67 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?
  • My brother is aware that others in the same building previously had a lease extension, and the freeholder seemed reasonable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the prices by others . This would save on double valuation charges. Would you suggest this course of action?
  • I have 55 years remaining on my lease of a ground floor flat in Ottershaw, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • Other Topics

    Lease Extensions in Ottershaw

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