Ovingham Lease Extensions

Common questions relating to Ovingham Lease Extensions

My husband agreed with the head landlord for a lease extension on our flat in Ovingham, 13k for an additional 90yrs. What's your solicitors fee ?

I'm about to make an offer on a house in Ovingham but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Barclays giving us the mortgage now?

I own a studio flat in Ovingham. I am looking to extend lease on the property. It is about 80 years. I would just like to know what your charges are and how long it would take for completion.

I am a first time buyer of a leasehold flat in Ovingham. The lease has just seventy seven years outstanding and ground rent is £95. Is it possible for the current owner to serve the Section 42 Notice and then assign over the right to me as the purchaser on the day of completion 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 is legal but will it be very time consuming to the current owner? To add to the complexity it’s the case of an absent freeholder, so I am not sure how does it work.

I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Ovingham. I would be grateful if you can give me a call when you get a chance to discuss the case.

If somebody owns a flat with a lease of under 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 extending the lease?

Me and my wife are are hoping to complete on a maisonette in Ovingham which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do a "priority search" on the lease. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we must hold on pending registration of the new lease?

Just a quick one, how much are the legal fees for a lease extension on a residential property in Ovingham for a three bed flat - sec 42 is already served?

I am currently in the process of remortgaging my garden flat in Ovingham and the bank that I am looking to move to needs at least 85 years remaining on the lease in order for them to take the mortgage forward. I have found that I currently have around sixety three years on the leasehold so require some help, guidance, and some quotes to start the lease extension process

I have sixety years remaining on my lease of a ground floor flat in Ovingham, the Landlord requires a £18k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high

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