Frequently asked questions relating to Chantry Lease Extensions

  • 40k agreed with the freeholder, just seeking to find a Chantry for a lease extension. Our lease has approximately sixety yrsunexpired lease. Can you please help us with this situation ?
  • I’m just looking for a three bed apartment to purchase in the Chantry area and was curious how much would it cost for a lease extension? It has seventy three years outstanding...
  • I am about to view a one bedroom apartment, although not exactly my perfect property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy five years balance left on the lease. It is also a repo so I'm assuming that the bank will not be interested in doing a lease extension. My primary concern is would it be difficult to sell on without a lease extension?
  • I wondered if you could help me on the likely expense and the best way to start the lease extension process? I have about 65 years left and I own a one bedroom apartment in Chantry.
  • My mortgage lender requires a £500 fee for their for a "deed of substituted security" for the lease extension for my flat in Chantry... I can find no mention of this in my mortgage booklet... is this a normal cost that they charge?
  • Re a leasehold in Chantry. upper maisonette. sixety seven yrs remaining. I have an agreed lease extension to £12,000 for 125yrs. Freeholder also requested Notice of Claim which I think should not be necessary. Advice required.
  • I intend to buy a one bed flat in Chantry for asking price of 156k, which has sixety eight 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 am looking for advice as I am interested in a property that has only a sixety two year lease and therefore requires a lease extension. Can I call someone to go through my options please?
  • We are acquiring a one bed flat in Chantry which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do a "priority search" on the property title. The concern 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 new lease is registered?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Chantry
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Chantry