Callerton Lease Extensions: Q and A’s

  • So this is the scenario: I invested in buying a studio flat in Callerton that I now cannot sell due to the lease requiring a lease extension. How long will it take ?
  • Hi, I just randomly found your website. I'm looking for prices on what it cost to extend a lease of a ground floor flat based in Callerton. It's on the market at the moment but has slightly less than 57 years of unexpired leasehold
  • I have an interest in the freehold of 2 blocks of flats comprising of seven flats each. 2 of the leasehold owners want to extend their leases and I'm enquiring about the procedure for this
  • I need to extend my existing lease can you assist? I think it has 57 years unexpired
  • Do you only do lease extensions in Callerton? I own a flat in Abbey Wood with 90 years remaining, I am looking for a quote from a .
  • I am concerned that my daughter is being hoodwinked. She put in an offer on a garden flat in Callerton, where the lease is about 55 years but she was informed by the estate agents that the vendor had extended it to 99 years. Only now has she been advised the homeowner was waiting for her to retain solicitors prior to commencing with the lease extension. Seems underhand, also it could take time to sort it all out. Am I being too sceptical?
  • My mortgage provider requires several hundred pounds for their to agree a lease extension for my flat in Callerton... I am unable to find any mention of this in my mortgage literature... is this a normal cost that they charge?
  • Ref a leasehold in Callerton. lower maisonette. 77 yrs left. I have an agreed lease extension to £20k for 125yrs. Freeholder also insisted on Notice of Claim which I think should not be necessary. Advice required.
  • Me and my sister are acquiring a garden flat in Callerton which has share of freehold and a leasehold. The lease was on the short side so the seller is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a pre-completion search on the lease. The problem 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 right that we have to hold on until the lease extension has actually been registered before completing.?
  • We are hoping to purchase a flat (a one bedroom apartment inCallerton with share of freehold). During our search, we were always looking at flats that had at least ninety years unexpired. We came across a flat we fell in love with and the estate agent promised us that the lease was long albeit not specifying a number. Yesterday our told us the lease only has 77 years and therefore needs a lease extension. Do we walk away, or do we negotiate our offer?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Callerton