Lease Extensions in Oundle

Questions and Answers: Oundle Lease Extensions

I am looking at investing in a second home but it has a lease that expires in twenty years. Its in Oundle - I wanted to see if with your services this could be extended?

I plan on buying a flat in Oundle. The offer is subject to the lease extension. The seller’s has served the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Skipton Building Society. Moreover, which are the following lease extension steps to complete the purchase?

I'm deliberating over purchasing a ground floor flat (leasehold) but the landlord has been absent for slightly less than 15yrs. I wonder whether it will be less expensive to try to buy the reversionary title or to extend lease and apply for RTM?

I'm looking for an apartment to purchase in Oundle and I'm not really familiar with the leasehold tenure. I've identified a garden flat I like with a 91 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Should I be looking at some caveats that would prevent me for getting a lease extension?

I am a FTB of a leasehold flat in Oundle. The lease has only 58 years left and ground rent is £25. Is it possible for the seller to serve the Notice of Claim and then assign this right to me as the purchaser on the day of completion so that I can avoid waiting 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 costly to the flat owner? Unfortunately it’s the case of an absent landlord, so I am not sure how this will play out.

I intend to buy a one bed flat in Oundle for asking price of 156k, which has 60 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 question is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?

I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy five years. What are my next steps?

Do you handle lease extensions on land? (a plot of land in Oundle with 82yrs remaining)

We have a one bed flat in Oundle with a lease of fivety nine years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?

I have a lease of 70 years remaining on my flat in Oundle. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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