Lease Extensions in Ottershaw

Common questions relating to Ottershaw Lease Extensions

So this is the scenario: I purchased a ground floor flat in Ottershaw that I am now unable to sell due to the lease needing a lease extension. Can you please help me with this situation ?

My wife has a flat in Ottershaw which we are about to put on the market. The leasehold has roughly 70 years residual lease term 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 interested in getting a lease extension for a flat in Ottershaw and want to use a local . Are you able to help me find a ?

I am looking for a rough estimate of what a lease extension will cost for a flat I would like to purchase. It has fivety four years left.

I bought a maisonette in Ottershaw. I am looking to extend lease on the property. It is slightly less than eighty years. I would just like to know what your charges are and how long the process takes.

I am about to view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has sixety three years residual lease term on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?

I am a first time buyer of a leasehold flat in Ottershaw. The lease has just sixety six years unexpired and ground rent is £95. Is it possible for the flat owner to serve the Section 42 Notice and then transfer this right to me as the purchaser on the day of completion so that I don't have to wait for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the current owner? To add to the complexity the freeholder is absent, so I am not sure how does it work.

I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?

I am the freeholder of a 1930’s property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety five years. What are my next steps?

We are hoping to buy a property (a garden flat located inOttershaw with share of freehold). During our search, we were always looking at flats that had a minimum 83 years outstanding. We identified a flat we fell in love with and the selling agent assured that the lease term was not an issue. Today our told us the lease only has seventy seven years and therefore requires a lease extension. Should we walk away, or do we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?

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