Oundle Lease Extension - Your Legal Fees Calculator
FAQs concerning Oundle Lease Extensions
So this is the scenario: I acquired a one bedroom apartment in Oundle that I am finding difficult to sell due to the lease requiring a lease extension. What's your legal fee ?
My wife has a flat located in Oundle which we are about to put on the market. The leasehold has slightly more than 68 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
I am about to put an offer in on a garden flat in Oundle with a lease of 58 years but not sure how much I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
I am the owner of a maisonnette together with the freehold of both flats. My upstairs neighbours have asked to extend the lease what do I need to do?
I have been in touch with my freeholder to extend my lease for my flat in Oundle. His property lawyers has been in contact with costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started March 1986.
My neighbours and I are in a building made up four flats in Oundle and have been offered to buy the freehold for £6000 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 am a first time buyer of a leasehold flat in Oundle. The lease has only 57 years residual lease term and ground rent is £75. Is it possible for the current owner to serve the Notice of Claim and then assign this right to me as the purchaser once I complete the buying process so that I don't have to wait for the two 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 may be possible but will it be very time costly to the current owner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.
We have a first floor flat in Oundle with 54 years unexpired. Ten months ago we were quoted a deal to receive a lease extension for a further 25 years but also increase ground rent from notional to a little more..plus a premium I think of about 16k. We have now decided to proceed but do we now have to renegotiate?
If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
Me and my wife are buying a garden flat in Oundle which has share of freehold and a leasehold. The lease was on the short side so the vendor commenced dealing with a lease extension. 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 house buying process is for our lawyers to do a "priority search" on the property title. The concern here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must hold on until the new lease is registered?