Frequently asked questions relating to Chandlers Ford Lease Extensions

  • I inherited a flat in Chandlers Ford with a leasehold unexpired about 58 years and need a lease extension. Please can you clarify the next stages
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 928 years remaining so a lease extension is not an issue. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • 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?
  • The terms for the lease on my flat in Chandlers Ford are 99 years from 10 Dec 1980. Can you give me a quote to extend the lease if I give you more specifics please?
  • I'm looking for an apartment to buy in Chandlers Ford and I'm not really familiar with the leasehold tenure. I've found a maisonette I like with a 90 years lease. I've read that I can get a lease extension after a couple of years, but:- Is this a given?
  • Me and my sister are proceeding with a purchase of a one bedroom first floor purpose built flat in Chandlers Ford. I was told that the lease had been extended (fivety nine years outstanding prior to extension). The description on the listing said "sold with a long lease". It turns out at the point of exchange of contracts we find that there has been no lease extension. The owner supposedly has a quote but no finances to extend and consequently the current owner wants to exchange and use the deposit monies to extend the lease. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • I am looking to buy a one bed flat in Chandlers Ford for asking price of 156k, which has seventy six years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I note that your website states the anticipated fee to extend a lease is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my studio flat in Chandlers Ford
  • Just a quick one, how much does it cost for a lease extension on a residential property in Chandlers Ford for a one bed flat - section 42 is already in place?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Chandlers Ford. I'll be looking to do this sometime next year as we need to move at some point then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the tribunal route. Can you recommend a good conveyancing practitioners who specialises in lease extensions?
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    Lease Extensions in Chandlers Ford

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