Chatteris Lease Extension - Your Legal Fees Calculator
Questions and Answers: Chatteris Lease Extensions
I am the registered owner of a flat in Chatteris with a leasehold unexpired around fivety five years and need to extend it. Please can you advise me of the next stages
I would like to have my residential flat leasehold extension premium assessed. The flat is in Chatteris, and my lease will reach sixety nine years this July. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the Tribunal court?
I'm deliberating over purchasing a ground floor flat (leasehold) but the freeholder has been missing for around 15yrs. My question is would it be less expensive to try to purchase the reversionary title or to extend lease and apply for right to manage?
I will soon view a one bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after obtaining a copy of the title I've learnt that it only has seventy years outstanding on the lease. It is also a repo so I'm assuming that the vendor will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
I am a FTB of a leasehold flat in Chatteris. The lease has only sixety eight years residual lease term and ground rent is £25. Is it possible for the flat owner to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I can avoid waiting for the 2 year qualifying 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 current owner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?
Just been over 2 years that I have owned my garden flat in Chatteris. I have seventy eight yrs outstanding on the lease. I am now looking either to purchase a share of freehold or a lease extension. I purchased the property for 350K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: In terms of surveyors - how do I go about finding one?
I own the freehold of a 2 bedroom flat in Chatteris. The leaseholders have 72 years on a lease and wants to purchase another 90 years. The have offered me 19k. Is this around the right price?
My partner and I are are hoping to complete on a garden flat in Chatteris which has share of freehold and a leasehold. The lease was on the short side so the seller commenced dealing with a lease extension. The seller’s lawyer has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the house buying process is for our conveyancers to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancing practitioners it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to be patient until the lease extension has actually been registered before completing.?
I have 57 years remaining on my lease of a ground floor flat in Chatteris, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high