Chapeltown Lease Extensions: Q and A’s

  • I am about to put an offer in on a two bedroom ground floor purpose built maisonette in Chapeltown with a lease of seventy seven years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • We acquired a leasehold with a freeholder who has failed to respond by way of a counter-notice for a lease extension for our flat in Chapeltown and are therefore thinking about the option of a vesting order. Is this something you can do for us?
  • I am looking to either purchase the freehold or a lease extension of my property in Chapeltown and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with Halifax to release of equity. The adviser dealing with the remortgage suggested I get two estimates : one to extend the lease and one for the freehold purchase .The lease commenced in 1991 and since then the ground rent has increased from £15.00 per annum to £200 per year.
  • We are looking to extend our lease having owned the property for 2 years as of 22nd March 2015. It has approximately sixety six years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
  • I'm looking at purchasing a flat in Chapeltown valued at £195,000 the flat has approaching sixety three years left on the lease. I put in an offer conditional upon the lease being extended... .. that was back in November, hoping I'd be in by Christmas. They have just come back saying they'll knock £3k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • Just a quick question, how much is the premium payable for a lease extension on a residential property in Chapeltown for a two bed flat - section 42 having been issued?
  • I'm hoping for some advice concerning extending the lease on my flat. I'll be looking to do this next winter as we need 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 LVT 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?
  • Are you able to provide an estimate to extend my mum’s lease on a three bedroom second floor purpose built flat in Chapeltown. She already has a figure from the landlord for a lease extension but I am unclear whether it is too expensive.
  • We currently own a garden flat in Chapeltown 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 68 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?
  • Do you handle lease extensions on land? (a plot of land in Chapeltown with 82yrs remaining)

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