Common questions relating to Chapel Allerton Lease Extensions

  • I’m just looking for a three bedroom first floor purpose built flat to buy in the Chapel Allerton area and was curious what the likely fees would be for a lease extension? It has fivety eight years residual lease term...
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Chapel Allerton, and my lease will reach sixety five years this January. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I am a FTB of a leasehold flat in Chapel Allerton. The lease has just 60 years balance left and ground rent is £50. Is it possible for the current owner to serve the Notice of Claim and then transfer over the right to me as the buyer on the day of completion so that I can avoid waiting for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the owner? Unfortunately the landlord can not be found, so I am not sure how does it work.
  • My (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • If a leaseholder owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our garden flat in Chapel Allerton. We have a 73 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • I'm seeking some advice with regard to extending the lease on my apartment. The plan is to do this in nine months time as we have to move 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. Should I look to complete the lease extension now or wait until I sell my place and have it all tied in with the property sale?
  • My and my partner are concerned about getting a lease extension from tricky freeholder. Notwithstanding that the legal procedures were followed under the appropriate legislation, the freeholder still tried to get ground rent of £300 increasing by 100% every twenty years of the new term. Can you assist?
  • We know that others in the same building previously had a lease extension, and the freeholder seemed amenable. Therefore is seems worth taking risk of not having formal survey and calculate the initial offer on previous prices . This would save on double valuation fees. Would you suggest such a course of action?
  • I'm looking for some advice with regard to a lease extension on my one bedroom apartment in Chapel Allerton. 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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