Questions and Answers: Chepstow Lease Extensions

  • My OH agreed with the head landlord for a lease extension on our flat based in Chepstow, 7k for an extension by 90yrs. What's your legal fee ?
  • Hello, I just randomly found this site. I'm looking for prices on what it cost to extend a lease of a garden flat located in Chepstow. It's on the market at the moment but has circa sixety five years left on the lease
  • My wife has a flat located in Chepstow which we have just put on the market. The leasehold has circa 66 years remaining on it and we are concerned this will come up for anyone who may be interested. I am interested in more information on how we get started on a lease extension? Many thanks.
  • I need to extend my current lease can you assist? My investigation with the Land Registry reveal that it has seventy five years left
  • The terms for the lease on my flat in Chepstow are 99 years from 14 Sep 1989. Can you provide me a quote for a lease extension if I give you more details please?
  • My mortgage lender requires a £600 fee for their lawyers to approve the lease extension deed for my flat in Chepstow... I can find no mention of this in my mortgage booklet... is this a normal charge?
  • I am thinking about acquiring an auction property and identified a one bed flat in Chepstow. It only has a fifty-one year lease..the seller as mortgagees in possession will not want to mess around with applying for a lease extension..what are the disadvantages of this except for the expensive fee to extend the lease and reduced chance of getting a mortgage with National Westminster Bank?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not extending the lease?
  • Just a quick one, how much is the premium payable for a lease extension on a residential property in Chepstow for a two bed flat - sec 42 having been issued?
  • I have a lease of seventy one years remaining on my flat in Chepstow. 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 Chepstow

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