Oxted Lease Extensions

FAQs concerning Oxted Lease Extensions

I need to extend my current lease can you help me with that? My investigation with the Land Registry reveal that it has 54 years left

I am in need of a rough estimate of what a lease extension will cost for a flat I intend to buy. It has 68 years outstanding.

This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?

I am looking into the costs of carrying out a lease extension for my maisonette in Oxted, and would like some figures on that.

I am deliberating whether to purchase the freehold or a lease extension of my property in Oxted and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a get a new mortgage with Barclays Direct to free up equity. The adviser dealing with the remortgage suggested I get two estimates : one for the lease extension and one for the freehold purchase .The lease started in 1972 and since then the ground rent has been raised from £25.00 per annum to £100 per annum.

I am about to view a two bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has fivety eight years residual lease term on the lease. It is also a repossession so I'm assuming that the bank will not be interested in extending the lease. My primary concern is would the short lease make it difficult to secure a mortgage?

What will I need to spend and what is the best way to start the lease extension process? I have nearly seventy seven years remaining on my lease on a maisonette in Oxted. I have called the agent who represent the head landlord and they sent me the number of the surveyor. I telephone the valuer but I am not receiving any calls back.

I have a share of the freehold. There are three apartments in the house. All the leaseholders are now seeking lease extensions. Are you willing to assist us with this situation?

I am planning to get a lease extension and am wondering which step I have to do first, I have been previously advised that I have to have the finances in place before I set the ball rolling, is this correct?

I own 70% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around seventy seven years. I need a at my end. Can you advise please? I live near Oxted and have a mortgage with Alliance & Leicester .

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