Questions and Answers: Oxshott Lease Extensions

  • I am looking for a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety six years residual lease term.
  • I'm looking for an apartment to purchase in Oxshott and I'm not really familiar with the leasehold title. I've found a three bedroom ground floor purpose built maisonette I like with a 87 years lease. I've read that I can apply for a lease extension having owned the property for 2 years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
  • I am looking at buying an auction property and found a two bed flat in Oxshott. It has just fifty year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this other than the expensive fee to extend the lease and reduced chance of obtaining a mortgage with The Mortgage Works?
  • Regarding a residence in Oxshott. upper maisonette. seventy four yrs left. I have an agreed lease extension to £20k for 115yrs. Freeholder also insisted on Initial Notice which I think should not be necessary. Advice required.
  • I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
  • I am looking for advice as I am interested in a property that has only a 57 year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • Coming up to 2 years that I have been in my garden flat in Oxshott. I have sixety five yrs unexpired lease on the lease. I am now wanting to buy a share of freehold or extend my lease. I acquired 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 drags to LVT)?
  • Me and my OH have been in discussion with our freeholder after having a valuation on our one bedroom apartment in Oxshott. We have a 70 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • My wife and I are concerned about obtaining a lease extension from tricky freeholder. Regardless of the fact that the legal procedures were adhered to under the 1993 Act, the freeholder still tried to get ground rent of £200 increasing by 100% every twenty years of the new term. Can you assist?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my ground floor flat in Oxshott

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