Top Ten Questions relating to Chatteris Lease Extensions

  • I am going to purchase a flat based in Chatteris. My offer is subject to the lease extension. The homeowner’s has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Aldermore. Moreover, which are the following lease extension steps to complete the purchase?
  • Possibly made a mistake, I am searching for a in Chatteris who has Leasehold Tribunal expertise when it comes to lease extensions. Is this something you can assist me with?
  • The terms for the lease on my flat in Chatteris are 101 years from 10 Feb 1990. Please give me a quote to extend the lease if I give you more information please?
  • My mortgage provider is requesting a £600 fee for their to agree a lease extension for my flat in Chatteris... I can find no reference of this in my mortgage literature... is this a usual cost that they charge?
  • My (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?
  • I'm living with my parents but have a maisonette in Chatteris let out which has a 54 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 Chatteris 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 21k. Not sure sure whether to hold on or sell the flat?
  • Hello I own the freehold reversion in a one bedroom flat in Chatteris. The leaseholder has a 58 year lease and would like to purchase an additional 125 years. She is offering me £27,000 but I am not sure if this is in the right ballpark
  • I'm intent on buying an apartment in Chatteris at a price of £256,000 the flat has something like 62 years remaining on the lease. My offer was subject to a lease extension... .. that was back in August, expecting I'd have completed before Christmas. They have just informed the agent they'll knock £4k off if I deal with the lease extension myself. I'm unsure whether that's a good idea
  • My wife and I are worried about obtaining a lease extension from an objectionable landlord. Regardless of the fact that the legal procedures were adhered to under the appropriate legislation, the landlord still attempted to charge ground rent of £200 increasing by 100% every twenty five years of the new term. Can you help?
  • I have a lease of 63 years remaining on my flat in Chatteris. 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?

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