Common questions relating to Chase Side Lease Extensions

  • Do you only undertake lease extensions in Chase Side? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a property lawyers.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have contacted my freeholder to extend my lease for my flat in Chase Side. His solicitors has been in contact with charges etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started November 1985.
  • My co-lessees and I are in a block comprising five flats in Chase Side and have been offered to buy the freehold for 5k per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • My mortgage lender requires a £450 fee for their solicitors to agree a lease extension for my flat in Chase Side... I can find no mention of this in my mortgage literature... is this a standard charge?
  • I am a freeholder of a block of flats in Chase Side, and the leaseholders are in the process of being issued lease extensions. I should hopefully get funds next month. As I am not on self assessment do I get in touch with the tax authorities ?
  • I an interested in finding out more about leasehold property buying. We hope to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Chase Side area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • My husband has a share of freehold, with two other leaseholders in a building in Chase Side. House split into three apartments. He has a lease, which has around 63 years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I own the freehold of a couple of flats. Someone has the lease on the ground flat in Chase Side. I live in the upper flat. I was looking at the title deeds recently when I noticed that my flat has a lease on it. There is sixety five years outstanding. If I want a lease extension then would I simply be paying for the lawyers fees?
  • I have a lease of 63 years remaining on my flat in Chase Side. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?
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    Lease Extensions in Chase Side

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