Lease Extensions in Chard

Top Ten Questions relating to Chard Lease Extensions

40k agreed with the landlord’s agents, just trying to find a Chard for a lease extension. Our lease has nearon sixety eight yrsleft. How long will this take ?

I have shares in the freehold of buildings comprising of 8 flats each. 2 of the leasehold owners want a lease extension and I'm enquiring about the procedure for this

I want to purchase a leasehold property and lease extension. The homeowner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?

I acquired a studio flat in Chard with a leasehold unexpired of seventy eight years. I am wondering about how much I will need to spend to extend my leasehold

I will soon view a one bedroom maisonette, although not exactly my perfect property it has enough positives to suit me very well for my present circumstances. However after obtaining a copy of the title I've learnt that it only has 78 years unexpired on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My primary concern is would it be difficult to sell on without a lease extension?

I am concerned that my daughter is being hoodwinked. She submitted an offer on a maisonette in Chard, where the lease is about seventy nine years but she was told by the estate agents that the seller had extended it to 125 years. Only now has she been advised the current owner was holding off for her to retain conveyancers ahead of instigating the lease extension. Sounds devious, also it will take a while to sort it all out. What do you think?

I am considering bidding for an auction property and identified a studio flat in Chard. It only has a 50 year lease..the seller being mortgagees in possession dont want to mess around with seeking a lease extension..what are the disadvantages of this other than the costly fee to extend the lease and decreased chance of getting a mortgage with The Royal Bank of Scotland?

I am the owner of a purpose-built flat located in a large block in Chard. The leasehold interest in the flat on a ninety five year lease started on 1 August 1980 with a non-reviewable ground rent of £10 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?

I'm living with my mum and dad but have a studio flat in Chard let out which has a 68 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Chard for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?

Hopefully an easy question for you, how much are the legal fees for a lease extension on a residential property in Chard for a three bed flat - section 42 having been issued?

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