Chard Lease Extensions: Q and A’s

  • We agreed with the freeholder for a lease extension on our flat based in Chard, 19.5k for an extension by 90yrs. What's your legal fee ?
  • I’ve just bought a garden flat based inChard and I'm considering a lease extension as soon as practicable e.g. in 24 months of ownership
  • I am looking for a lease extension on the lease on my garden flat in Chard which will have seventy seven years outstanding in June. What fees do you charge for this?
  • I am the owner of a maisonnette together with the freehold. My downstairs neighbours have asked for a lease extension what do I need to do?
  • Is it possible to talk with you about an apartment in Chard, I am thinking of buying at auction next month. The flat only has a few years outstanding and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I am considering whether to purchase the freehold or a lease extension of my property in Chard and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously refinance with Godiva Mortgages Ltd to free up equity. My broker dealing with the remortgage suggested I get two estimates : one for the lease extension and one for outright acquisition .The lease commenced in 1972 and since then the ground rent has increased from £38.00 per year to £200 per year.
  • I'm looking for a flat to purchase in Chard and I'm not really familiar with the leasehold tenure. I've identified a one bedroom apartment I like with a 90 years lease. My research reveals that I can apply for a lease extension having owned the property for a couple of years, but:- Is this a given?
  • My partner and I are proceeding with buying a garden flat in Chard. I was advised by the EA that the lease extension had already been completed while on a viewing (67 years remaining prior to extension). The sales particulars said "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The seller apparently has a quote but no money to extend and consequently the homeowner intends to exchange and use the my deposit for the lease extension. My question is have the estate agents breached any law by misrepresenting the position concerning the lease term?
  • My conveyancing practitioners (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?
  • We have owned a leasehold flat for around eighteen years. There are seventy five years left on the lease. After a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would appreciate advice.
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    Lease Extensions in Chard

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