Top Ten Questions relating to Summertown and Botley Lease Extensions

  • My wife and I have just acquired a garden flat inSummertown and Botley and I'm deliberating extending the lease as soon as possible e.g. after 24 months of ownership
  • Hello, I am looking somewhere around or in Summertown and Botley 8-10 years lease remaining houses. I dont know if I am on the correct site. Can I find lease remaining houses from here?
  • I'm planning to make an offer on a house in Summertown and Botley 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 Lloyds TSB Bank giving us the mortgage now?
  • The intention is to sell our GFF in Summertown and Botley but we may require a lease extension, or possibly cover the expense of our purchaser. Can you help me find a conveyancing practitioners to assist?
  • My co-lessees and I are in a block comprising four flats in Summertown and Botley and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • Regarding a leasehold in Summertown and Botley. GFF maisonette. 54 yrs unexpired. I have negotiated a lease extension price of £20k for 115yrs. Landlord also insisted on Initial Notice which I think should not be necessary. Can you assist.
  • My partner and I have a first floor flat in Summertown and Botley with 57 years to run. Ten months ago we were quoted a deal to grant a lease extension for a further fifty years but also uplift the ground rent from nominal to £300 per year..plus a premium I think of approximately 16k. We have now decided to proceed but do we now have to start the negotiations again?
  • We have owned a leasehold flat for approximately eighteen years. It now has 59 years unexpired lease on the lease. Following a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would welcome advice.
  • Coming up to two years that I have owned my three bed flat in Summertown and Botley. I have sixety seven yrs remaining on the lease. I am now wanting to buy a share of freehold or extend my lease. I purchased the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Summertown and Botley based conveyancers or any will do fine?
  • We currently own a one bed flat in Summertown and Botley and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has sixety four years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
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    Lease Extensions in Summertown and Botley

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