Ovingham Lease Extensions: Q and A’s

  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 77 years remaining
  • I have contacted my freeholder for a lease extension for my flat in Ovingham. Her has been in contact with fees etc. I need an estimate for dealing with the legalities to secure a lease extension. The property currently has a 99 YR lease which started November 1993.
  • I am the registered owner of a garden flat in Ovingham. The lease commenced in 1992 for 99 years. Now I am looking to extend the lease. I am in the dark about further expenses, could you tell me please how much I should expect to spend on this?
  • I inherited a three bedroom second floor purpose built maisonette in Ovingham. I am looking to extend lease on the property. It is approaching 80 years. I would just like to know what your charges are and how long the process takes.
  • I am looking to either purchase the freehold or a lease extension of my property in Ovingham and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a remortgage with Lloyds TSB Bank to free up equity. My broker dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold acquisition .The lease began in 1981 and since then the ground rent has been raised from £25.00 per year to £100 per year.
  • I am a first time buyer of a leasehold flat in Ovingham. The lease has only fivety nine years outstanding and ground rent is £95. Is it possible for the current owner to serve the Section 42 Notice 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 requisite 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 owner? To add to the complexity the landlord is absent, so I am not sure how does it work.
  • I am a landlord of a block of flats in Ovingham, and the tenants are in the process of being given lease extensions. I anticipate receiving funds next month. As I am not on self assessment do I get in touch with the Inland Revenue ?
  • Offer accepted on a a studio flat in Ovingham, were told numerous times by the EA that the lease was in excess of 100 years, we have just had our mortgage offer in writing through the post which states the lease as 82 years.Contracts were due to be exchanged within a week. My question is Is it not odd that my failed to pick this up far earlier than just before exchange?
  • Just been over two years that I have been in my ground floor flat in Ovingham. I have 66 years remaining on the lease. I am now looking either to buy a share of freehold or extend my lease. I purchased the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my garden flat in Ovingham
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Ovingham